Bradenton Medical Office Investment
Description
This medical office investment in Bradenton, FL offers a stabilized, long-term NNN opportunity with a single tenant, strong financials, and 100% occupancy.
Property Summary:
- Building Size: 5,106 SF freestanding building
- Lot Size: ±0.60 acres
- Tenant: Medical-use operator with a national presence
- Zoning: Commercial
- Lease Type: Absolute NNN
- Rent: $235,000 annually with 3% annual escalations
- Lease Term: 10 years with two 5-year extension options
- Traffic Volume: 54,500 vehicles per day
- Condition: Renovated in 2024 and delivered free of debt
Lot Description:
- Size: 0.60 acres with a freestanding building
- Parking: 16 dedicated spaces
- Access & Visibility: Strong frontage along a major commercial corridor
- Surroundings: Near major national retailers and dense residential and commercial activity
Investment Highlights
Highlights:
- Strong National Tenant – Backed by significant market share and a large store count nationwide, providing reliable tenancy.
- Long-Term Stability – Absolute NNN structure with no landlord responsibilities and scheduled rent increases.
- Prime Location – Located on a major high-traffic corridor surrounded by national brands, dense population, and substantial daytime employment.
- Demographic Strength – Strong local income levels and population density support consistent tenant performance.
- High Visibility – 54,500 VPD ensures continuous exposure, benefiting tenant operations and long-term occupancy.
Sale Notes:
- Offering Type: Fee simple sale delivered unencumbered
- Cap Rate: 6.25% based on current annual rent
- Growth Opportunity: 3% annual escalations secure predictable income growth
- Tenant Strength: Backed by strong EBITDA performance and ongoing national expansion
Address
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Address Bradenton, FL
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Country United States
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Province/State Florida
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City/Town w-bradenton
