239 US Hwy 301 E 10,860 SF 100% Leased Office Building Bradenton, FL 34208 $2,442,860 CAD ($224.94 CAD/SF) 7.98% Cap Rate

Strategically positioned just off the high-traffic intersection of US 41 and Highway 301 Boulevard in Bradenton, Florida, the DeSoto Professional Building offers investors a rare opportunity to acquire a fully leased office asset with immediate upside potential. Spanning 10,860 square feet, the property comprises eight individual office suites ranging from 1,200 to 1,680 square feet, all occupied by long-standing tenants who currently pay below-market rents.
Approximately half of the tenants are on month-to-month leases, presenting a clear path to restructure lease terms into Triple Net (NNN) agreements. This transition would shift key operating expenses, including property taxes, insurance, and maintenance, onto tenants, significantly improving net operating income over time. The remaining tenants are scheduled for renewal in 2024, offering further flexibility to implement NNN terms across the board.
The building’s location benefits from strong visibility and accessibility, with proximity to major commercial corridors, retail centers, and residential neighborhoods. Bradenton continues to attract business growth due to its favorable tax climate, expanding population base, and proximity to Sarasota and Tampa markets. This asset is well-positioned to capitalize on rising office demand and rental rate growth in the region.
Whether you're seeking stable cash flow or value-add potential through lease restructuring, the DeSoto Professional Building delivers both in a thriving Gulf Coast market.