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East Glen Professional Park 9904 Sr 64 14,540 SF 100% Leased Retail Building Bradenton, FL 34212 $4,744,148 CAD ($326.28 CAD/SF) 7.31% Cap Rate
Investment Highlights
- Fully Occupied: Fully leased professional office park providing stable, in-place income from day one, featuring contractual annual rent increases
- Ample Parking: The property offers 71 parking spaces, equating to an attractive 4.9 spaces per 1,000 square feet, supporting customer demand.
- Committed Tenancy: The property is leased to established tenants who have demonstrated long-term commitment to their spaces
- Strong Core Tenant Mix: East Glen Professional Park features a diversified roster of necessity-based users including medical, education, and childcare
- Rare ±2.89-Acre Assemblage: Three buildings across three parcels totaling ±2.89 acres, offering long-term redevelopment potential
Executive Summary
Broker of Record
Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Building Size
14,540 SF
Building Class
B
Year Built
2005
Price
$4,744,148 CAD
Price Per SF
$326.28 CAD
Cap Rate
7.31%
NOI
$346,797 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.89 AC
Zoning
PD-C - Planned Development Commercial District
Parking
16 Spaces (1.1 Spaces per 1,000 SF Leased)
Frontage
147’ on Florida 64
Amenities
- Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5661-0005-3 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,273,935 CAD |
Property Taxes
Parcel Number
5661-0005-3
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,273,935 CAD
Contacts
-
Josh Beniek -
Andrew Doerr -
Jake Lurie -
Matthews Real Estate Investment Services
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Photos
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East Glen Professional Park | 9904 Sr 64
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