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6115 31st St E 20,093 SF Industrial Building Bradenton, FL 34203 $4,448,372 CAD ($221.39 CAD/SF)
Investment Highlights
- Fully Air Conditioned Warehouse
- Fenced Outside Storage
- Upside Through Lease Renewal at Market Rents
Executive Summary
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 6115 31st Street East, Bradenton, (the Property).
6115 31st St E is a single tenant industrial property fully leased to EMMI (formerly known as Mader Electric), a 40-year established company. The current lease is a full service below market lease, expiring in December of 2026 with upside in bringing rents to market and converting to a NNN lease. The property features 24' ceilings, fully air-conditioned warehouse, dock high and drive in loading, oversized roll up and hangar style doors, and a small amount of fenced in outside storage space. The property is in a strong industrial pocket located off of US Hwy 301, a major north/south thoroughfare and 63rd Avenue East which has plans to widen to 4 lanes and extends to Lakewood Ranch and I-75.
6115 31st St E is a single tenant industrial property fully leased to EMMI (formerly known as Mader Electric), a 40-year established company. The current lease is a full service below market lease, expiring in December of 2026 with upside in bringing rents to market and converting to a NNN lease. The property features 24' ceilings, fully air-conditioned warehouse, dock high and drive in loading, oversized roll up and hangar style doors, and a small amount of fenced in outside storage space. The property is in a strong industrial pocket located off of US Hwy 301, a major north/south thoroughfare and 63rd Avenue East which has plans to widen to 4 lanes and extends to Lakewood Ranch and I-75.
Property Facts
| Price | $4,448,372 CAD | No. Stories | 1 |
| Price Per SF | $221.39 CAD | Year Built/Renovated | 2001/2020 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.49/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | B | No. Dock-High Doors/Loading | 3 |
| Lot Size | 1.70 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 20,093 SF | ||
| Zoning | LM | ||
| Price | $4,448,372 CAD |
| Price Per SF | $221.39 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.70 AC |
| Rentable Building Area | 20,093 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2001/2020 |
| Tenancy | Single |
| Parking Ratio | 1.49/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | LM |
Amenities
- Fenced Lot
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 18758-1130-9 | Improvements Assessment | $1,677,433 CAD |
| Land Assessment | $577,081 CAD | Total Assessment | $2,254,514 CAD |
Property Taxes
Parcel Number
18758-1130-9
Land Assessment
$577,081 CAD
Improvements Assessment
$1,677,433 CAD
Total Assessment
$2,254,514 CAD
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6115 31st St E
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