714 60Th Street CtBradenton, FL 34208

  • Healthcare properties
  • 4,501 SF
For Sale
$1,500,000 View listing

Property Details for 714 60Th Street Ct

Year built
1986
Property size (Sq ft)
4,501 SF
Property type
Healthcare properties
Property subtype
Other office properties

Description

Exceptional investment opportunity: a 4,501-square-foot office building in Bradenton, Florida, is available for sale with a leaseback option. Located at 714 60th St Ct E, this single-story building, constructed in 1986, sits on a 18,948-square-foot lot and is situated in flood zone X, minimizing flood risk. Currently occupied by a full-service veterinary clinic including overnight boarding, the property offers a strong, stable income stream. The sale includes a 7-10 year initial lease with a tenant interested in long-term occupancy, providing a secure investment. The Net Operating Income (NOI) is $85,519, yielding a 5.7% capitalization rate on the $1,500,000 asking price. The lease includes a base rent of $19.00 per square foot (NNN) plus operating expenses and CAM, with 4% annual escalations and renewal options. This property is ideal for investors seeking a stable, income-producing asset with a built-in tenant and long-term lease security. The property is conveniently located on SR 64, less than a mile west of I-75, providing excellent access and visibility. The building is suitable for creative office or medical office uses. This sale-leaseback structure offers a unique opportunity for both immediate income and future growth potential.

714 60Th Street Ct, Bradenton, Florida

Location Insight

City
Bradenton
County
Manatee
State
Florida
Latitude
27.4923
Longitude
-82.4852

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