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714 60th St Ct E 4,501 SF 100% Leased Retail Building Bradenton, FL 34208 $2,118,167 CAD ($470.60 CAD/SF) 7.75% Cap Rate



Investment Highlights
- ±4,501 SF on ±0.43 AC
- Zoned GC - Flexible, High-Intensity Commercial Zoning
- 25 Parking Spaces
- Purpose-Built Medical Facility
- Passive NNN Lease Structure
- Essential Service Tenant
Executive Summary
The Pet Clinic of Bradenton presents a compelling opportunity to acquire a passive, needs-based investment supported by a long-standing operator and an essential service that remains resilient across economic cycles. Veterinary real estate has become one of the most sought-after net lease sectors, fueled by record pet ownership and continued growth in pet healthcare spending, which now exceeds $140 billion annually. Serving East Manatee County for decades, the clinic provides a full spectrum of services, including wellness care, surgery, diagnostics, dentistry, and boarding, reinforcing its deep roots within the community.
Veterinary practices are inherently stable, supported by loyal client bases, essential care offerings, and significant capital investment in specialized equipment and facility buildouts, often reaching hundreds of thousands of dollars, which makes relocation unlikely and promotes long-term tenancy. This stability is further enhanced by the property’s purpose-built design, with improvements tailored specifically to the tenant’s operations and costly to replicate.
Located in a growing area with ongoing residential expansion, the property benefits from consistent demand drivers while requiring minimal day-to-day involvement. Altogether, this asset offers investors a rare combination of durability, predictable income, and long-term security, making it an ideal addition to a well-balanced real estate portfolio.
Veterinary practices are inherently stable, supported by loyal client bases, essential care offerings, and significant capital investment in specialized equipment and facility buildouts, often reaching hundreds of thousands of dollars, which makes relocation unlikely and promotes long-term tenancy. This stability is further enhanced by the property’s purpose-built design, with improvements tailored specifically to the tenant’s operations and costly to replicate.
Located in a growing area with ongoing residential expansion, the property benefits from consistent demand drivers while requiring minimal day-to-day involvement. Altogether, this asset offers investors a rare combination of durability, predictable income, and long-term security, making it an ideal addition to a well-balanced real estate portfolio.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,501 SF
Building Class
C
Year Built
1986
Price
$2,118,167 CAD
Price Per SF
$470.60 CAD
Cap Rate
7.75%
NOI
$164,221 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.24
Lot Size
0.43 AC
Zoning
GC - General Commercial
Parking
25 Spaces (5.55 Spaces per 1,000 SF Leased)
Frontage
154’ on 60th St Ct E
Amenities
- Dedicated Turn Lane
- Pylon Sign
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11225-1012-9 | Improvements Assessment | $616,646 CAD |
| Land Assessment | $186,576 CAD | Total Assessment | $803,221 CAD |
Property Taxes
Parcel Number
11225-1012-9
Land Assessment
$186,576 CAD
Improvements Assessment
$616,646 CAD
Total Assessment
$803,221 CAD
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714 60th St Ct E
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