Bradenton Retail Plaza

Highlights:

• Strong tenancy with Dollar General as anchor tenant and Ray’s Laundromat a successful local business.
• Dollar General, a nationally recognized credit tenant, comes with a corporate guarantee, ensuring reliable income.
• This property is zoned BR_UCC, allowing for diverse retail uses and future adaptability.
• Frontage on Manatee Ave. W with 43,000 AADT provides high visibility, access, and just two miles from Manatee Memorial Hospital.
• Ample Parking, The 1.5 acre site spans three parcels, offering generous customer parking.
• Positioned in a vibrant retail market, this property offers a stable income stream with potential for growth.
• Approximately 66 parking spaces available.

Description:

This portfolio presents a compelling opportunity in Bradenton, FL, located on the west coast of Florida just an hour south of Tampa. The property features two almost fully leased buildings totaling 16,802SF. The property spans across three parcels on 1.5 acres along the the main thoroughfare of Manatee Avenue. This property is well-positioned to capitalize on the area’s economic growth and vibrant retail scene.

The property is currently zoned as BR_UCC which is the Bradenton Urban Commercial Corridor allowing for uses such as moderate-density residential, offices, retail, restaurants



The west region, particularly Bradenton, is experiencing significant development, with areas like Heritage Harbor Plaza seeing a surge in new projects. Developers are anticipating an 11% population increase in the coming years, further boosting the demand for retail spaces. The ongoing developments, including new restaurants, luxury apartments, and large retailers, underscore the area's growth potential, making this investment a stable income-generating opportunity with considerable room for future appreciation. These developments are within 5-10 miles of our subject property.