Bradenton, FL - Aspen Dental & Chipotle
$5,843,500
7815 St Rd 64, Lakewood Ranch, FL 34212
5.75
Cap Rate
336,000
NOI
Details:
Description:
• Newly constructed multi-tenant retail building scheduled for delivery by January 2026
• Over 10 years of combined lease term across five nationally and regionally recognized tenants
• Each lease features a 10% rent increase in Year 5, supporting steady income growth
• All tenants have at least two options to extend at fixed rental rates, offering long-term income stability
• Strategically positioned adjacent to The Landing at Heritage Harbour, a newly built retail destination totaling over 50,000 SF of retail space featuring ALDI, Circle K, and national quick-service restaurants
• Adjacent to a 90,000 SF self-storage facility under construction, further enhancing daily traffic
• Less than one mile from a 155,225 SF Costco Wholesale, a dominant regional draw that anchors the area’s retail trade
• The immediate area continues to attract new residential and commercial development, reinforcing long-term growth and stability
• Strong tenant synergy promotes crossover shopping to the subject property
Location
Gallery