100% Leased 5.3 Cap Office Property!

1111 9th Ave. W. Bradenton, FL 34205

1111 9th Ave. W. , Bradenton, FL, 34205
1111 9th Ave. W. , Bradenton, FL, 34205 1111 9th Ave. W. , Bradenton, FL, 34205 1111 9th Ave. W. , Bradenton, FL, 34205 1111 9th Ave. W. , Bradenton, FL, 34205 1111 9th Ave. W. , Bradenton, FL, 34205 1111 9th Ave. W. , Bradenton, FL, 34205 1111 9th Ave. W. , Bradenton, FL, 34205
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,100,000
Last Verified:
Aug 04, 2022

Highlights

  • - Fully Leased Building
  • - 3 of 5 suites just renovated
  • - NOI of $60k annually
  • - Low Maintenace investment
  • - Central Downtown Location

Description

In a market environment where very little inventory is left, we are delighted to bring this amazing asset to market. This parcel is a longstanding downtown core office building which is now completely filled with tenants and generating solid and dependable income streams for any savvy investor looking for a secure annual return.

No-nonsense construction, low hassle upkeep and low maintenance tenants equal a worry-free downtown investment in an area that has been seeing steady and predictable value growth year over year as Downtown Bradenton continues to explode in revitalization!

Located at the entrance to the Village of the Arts district on the southern edge of downtown Bradenton


Year Built: 1984
Building Size: 5616sq ft
Building Class: B
Lot Size: 0.32 acres

Map of 1111 9th Ave. W. , Bradenton, FL, 34205

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.