5505-5805 Manatee Ave W | Bradenton, FL 34209
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5505-5805 Manatee Ave W
Bradenton, FL 34209
Palma Sola Square Shopping Center · Retail Property For Sale
Investment Highlights
- Winn-Dixie installed a brand-new roof in 2016 totaling 50,000 square feet.
- Other featured tenants include Hancock Bank, Honey Baked Ham, Kumon Bradenton-West, Luxury Nails and Spa, Coast Seafood Grill, and Crossfit Manatee.
- Sarasota – Manatee Metropolitan Area has a population of 1.1 million, sixth-largest metropolitan area in Florida.
- Built in 1977, Palma Sola Square is a 100% occupied, 117,462 SF prime supermarket-anchored shopping center in West Bradenton.
- Extensive renovations planned for the 50,000 SF anchor Winn-Dixie grocery store by 2023.
- Retail rents in Sarasota market are rising at a 5.8% annual rate in Q3 of 2022.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
117,462 SF
Building Class
B
Year Built/Renovated
1977/2006
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
18.92 AC
Zoning
GC
Parking
600 Spaces (5.11 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,128,973 | |
| Land Assessment | $3,162,302 | Total Assessment | $9,291,275 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,162,302
Improvements Assessment
$6,128,973
Total Assessment
$9,291,275
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