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6015 31st St E

40,000 SF 100% Leased Office Building Bradenton, FL 34203 $5,500,000 ($138/SF) 6.34% Cap Rate

Investment Highlights

  • Size and Structure: A substantial 40,000 sq. ft. over two well-designed levels, offering spacious and adaptable office environments.
  • Investment Returns: Boasts a favorable 6.34% cap rate, indicative of its robust income-generating capability and a sound investment.
  • Occupancy: Currently 75% leased, the building hosts a diverse mix of reputable tenants, ensuring a steady income stream.
  • Seller Financing: Available at an attractive rate of 5.5%, providing a unique financing advantage and potential for significant savings.

Executive Summary

Presenting a rare opportunity to invest in a two-story office building encompassing 40,000 square feet of prime commercial space. This property stands as a notable fixture in its locale, promising a blend of stable returns and growth potential.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
40,000 SF
Building Class
A
Year Built
1998
Price
$5,500,000
Price Per SF
$138
Cap Rate
6.34%
NOI
$348,700
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,000 SF
Slab To Slab
12’
Building FAR
0.36
Lot Size
2.52 AC
Zoning
LM - Light Manufacturing
Parking
125 Spaces (3.13 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 200A
  • 9,743-20,434 SF
  • Office
  • Full Build-Out
  • 30 Days

20000 sq ft Class A Office Space, Large open work space, numerous offices, stellcase workstations included, conference rooms, executive offices, telecom room, employee lounge ready for immediate occupancy. Ideal for a call center, engineering firm, or similar user with 25- 100 staff / employees. Steel case modular systems in place for tenants' use. CAT-5 wired telephone system in place.

Space Size Space Use Condition Available
2nd Fl-Ste 200A 9,743-20,434 SF Office Full Build-Out 30 Days

2nd Fl-Ste 200A

Size
9,743-20,434 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 200A

Size 9,743-20,434 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

20000 sq ft Class A Office Space, Large open work space, numerous offices, stellcase workstations included, conference rooms, executive offices, telecom room, employee lounge ready for immediate occupancy. Ideal for a call center, engineering firm, or similar user with 25- 100 staff / employees. Steel case modular systems in place for tenants' use. CAT-5 wired telephone system in place.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18758-1067-9
  • 18758-1092-9
Land Assessment
$434,189
Improvements Assessment
$1,695,911
Total Assessment
$2,130,100
  • Listing ID: 30956000

  • Date on Market: 2/14/2024

  • Last Updated:

  • Address: 6015 31st St E, Bradenton, FL 34203

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