4730 State Road 64, Bradenton, FL 34208

27,440 SF | 100% Leased | Office Building | Bradenton, FL 34208 | $5,250,000 ($191/SF) | 6.77% Cap Rate

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $5,250,000

Property Type
Office
Square Feet
27,440 SF
Price / Square Foot
$191

Listing Contacts

Tony Veldkamp
Tony Veldkamp
Verified Profile
Matt Fenske
Matt Fenske
Verified Profile
  • Property Info

Property Overview

Braden River Business Center is a beautiful, well maintained, Income Producing multi-tenant office building available for purchase. Located on the high-traffic and high-visibility SR 64 corridor just west of I-75. Below market rents and CAM allow for increases over time making this a value-add opportunity. Part of a 8-building office complex with Owners Association that has replacement reserves for exterior maintenance and replacement.
This building is located in the front of the Braden River Office park, behind Culver's Restaurant and in front of other occupied office buildings. This business center overlooks a small lake with fountain, drawing attention from SR 64.
Being 27,000+ SF with six tenants, this two story office building has ample space for multi-tenant occupancy with reduced risk. With beautiful large columns in the front of the building, ample parking spaces, and well-maintained landscaping, this is a beautiful setting for any professional or medical office tenant.

Property Details

Class
A
Year Built
2001
Stories
2
Lot Size (sq. ft)
100,624 SF

Highlights

  • Beautiful, well-maintained NNN Office Investment.
  • Very low vacancy rates in the area.
  • Below market rents and CAM, allow value-add opportunity.
  • High traffic, high visibility area.
  • Close to I-75 and Lakewood Ranch.
  • Great tenant mix high value income

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