6015 31St St, Bradenton, FL 34203
40,000 SF | 100% Leased | Office Building | Bradenton, FL 34203 | $5,500,000 ($138/SF) | 6.34% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $5,500,000
- Property Type
-
Office
- Square Feet
- 40,000 SF
- Price / Square Foot
- $138
Listing Contacts
Susan Goldstein
Verified Profile
- Property Info
Property Overview
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.
Property Details
- Class
- A
- Year Built
- 1998
- Stories
- 2
- Lot Size (sq. ft)
- 109,771 SF
Highlights
- Size and Structure: A substantial 40,000 sq. ft. over two well-designed levels, offering spacious and adaptable office environments.
- Occupancy: Currently 75% leased, the building hosts a diverse mix of reputable tenants, ensuring a steady income stream.
- Investment Returns: Boasts a favorable 6.34% cap rate, indicative of its robust income-generating capability and a sound investment.
- Seller Financing: Available at an attractive rate of 5.5%, providing a unique financing advantage and potential for significant savings.
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