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4427 53rd Ave E
Bradenton, FL 34203 Bradenton

$3,250,000 USD

Storefront For Sale  •  3,202 SF

Property Details

  • Property Type Storefront
  • Total Building Size 3,202 SF
  • Lot Size 1.02 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 7.69 %
  • Tenancy Single
  • Zoning GC
0 Transit Score
61 Walk Score

Highlights

Absolute NNN Lease – Zero landlord responsibilities, making this an ideal passive investment opportunity.
Annual Rent Increases – Fixed 2.00% annual rental escalations provide a reliable hedge against inflation.
Large Parcel Size – Positioned on a ±1.02-acre site, the property offers strong residual land value and potential for future redevelopment.
Long-Term Lease – Over 8.5 years remaining on the base term of the lease, with two additional five-year renewal options.
Hard Corner – Strategically located at a signalized intersection along State Road 70, a major east–west thoroughfare.
Significant Capital Improvements – Over $600,000 invested in site buildout and renovations, enhancing operational efficiency and long-term asset value
Cap Rate: 7.69 %

Major Tenants

Tenant SF Occupied Lease End Date
Cookies 3,202 SF 5/31/2034

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 15 min - 8.1 mi
St Pete-Clearwater International 61 min - 41.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services