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Presented by
Tiana Grasso |
6600 Manatee AVENUE W, Bradenton, FL, 34209 | $1,199,000
Under contract-accepting backup offers. This highly visible and easily accessible 6, 190 SF retail strip center is located on a 30, 056 SF lot along busy Manatee Blvd and has huge upside potential as the current leases are priced well below market. The site consists of 5 units in 2 buildings, a front building which houses 4 units and a rear single tenant structure. Boasting 38 parking spots with space for several more, the 6. 4 / 1000 parking ratio makes this site perfect for higher intensity uses such as partial restaurant or medical, which commands rents up to $24 NNN in this market for these sized units. The flexible status of the current leases offers a user or investor an ideal opportunity to renegotiate or re-tenant the current below market leases as all are currently either in a month to month status or nearing termination date in 2025. Situated in the thriving Bradenton area, this property provides a lucrative foundation for a diverse range of business ventures. Vehicle count of 34, 000 per day. Surrounded by a large variety of well known retailers.
*YOU CAN ACCESS FINANCIALS VIA THE PROPERTY WEBSITE LINK AND SIGN THE CA IN DOCUMENT SECTION*
Located just west of US-41 and I-75 and close to the Sarasota/Bradenton airport.
Sale: $1, 199, 000
Also available for lease:
Suite A - 1, 080 SF - $24. 00 sf/yr NNN + CAM: $6. 17 - Initial estimated monthly rent: $2, 715 (includes base rate + CAM) plus applicable sales tax
Located in Bradenton, FL just west of US-41 and I-75, offering easy access to all surrounding areas.
Features
- Property Type: Retail
- Construction: Block, Concrete
- Garage: Over 30 Spaces
- Levels: 1
- Cooling: Central Air
- Lot Size: 100 x 300
- Year Built: 1972
- Approx Sq. Feet: 6,190
- Acreage: 0.69
- Est. Taxes: $13,386
- MLS#: TB8350227
- Days on Market: 20 days
- Website: https://www.raveis.com
/prop/TB8350227/6600manateeavenuew_bradenton_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Tiana GrassoREALTOR
978.771.5397
Tiana.Grasso@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 38342
978.314.1072
Joanne.OKeefe@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6600 Manatee AVENUE W, Bradenton, FL, 34209
$1,199,000
Tiana Grasso
REALTOR
William Raveis Real Estate
Phone: 978.771.5397
Tiana.Grasso@Raveis.com
Joanne O'Keefe
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $959,200 | $959,200 | $959,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.625% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.109% | 6.764% | 6.581% |
| Monthly Tax Payment | $1,116 | $1,116 | $1,116 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,984 | $6,142 | $8,290 |
| Total Monthly Payment | $7,225 | $7,383 | $9,531 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388