for sale - loopnet · 2017-11-03 · for sale 1720 manatee ave e., bradenton, fl 34208 ... coldwell...

Janet Robinson941.993.0895

[email protected]

PRESENTED BY

O F F I C E B U I L D I N G

FOR SALE1720 MANATEE AVE E., BRADENTON, FL 34208MEDICAL OFFICE BUILDING-8 CAP

http:www.cbcworldwide.com

©2017 Coldwell Banker Real Estate LLC, Coldwell Banker Commercial NRT Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real EstateLLC, Coldwell Banker Commercial NRT Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is IndependentlyOwned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real EstateLLC, Coldwell Banker Commercial NRT Coldwell Banker Commercial Affiliates. Each sales representative and broker is responsible for complying with any consumerdisclosure laws or regulations.

COLDWELL BANKER COMMERCIALCOLDWELL BANKER COMMERCIAL NRT

100 N. TAMIAMI TRAILSARASOTA, FL 34236

941-487-2100

EXCLUSIVELY MARKETED BY:

3 EXECUTIVE SUMMARY

4 PROPERTY DESCRIPTION

5 COMPLETE HIGHLIGHTS

6 ADDITIONAL PHOTOS

L O C A T I O N I N F O R M A T I O N8 REGIONAL MAP

9 LOCATION MAPS

10 AERIAL MAP

F I N A N C I A L A N A L Y S I S12 FINANCIAL SUMMARY

D E M O G R A P H I C S14 DEMOGRAPHICS REPORT

15 DEMOGRAPHICS MAP

A D V I S O R B I O S17 ADVISOR BIO & CONTACT 1

3 EXECUTIVE SUMMARY



6 ADDITIONAL PHOTOS


9 LOCATION MAPS

10 AERIAL MAP



15 DEMOGRAPHICS MAP


3 EXECUTIVE SUMMARY



6 ADDITIONAL PHOTOS


9 LOCATION MAPS

10 AERIAL MAP



15 DEMOGRAPHICS MAP


3 EXECUTIVE SUMMARY



6 ADDITIONAL PHOTOS


9 LOCATION MAPS

10 AERIAL MAP



15 DEMOGRAPHICS MAP


TABLE OF CONTENTS

COLDWELL BANKER COMMERCIAL | WWW.CBCWORLDWIDE.COM©2017 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be

accurate or complete, and it should not be relied upon as such. This information should be independently verified before anyperson enters into a transaction based upon it.

O F F I C E // 3

OFFERING SUMMARY

Sale Price: $1,525,000

Lot Size: 0.78 Acres

Year Built: 2003

Building Size: 8,253 SF

Zoning: T40

Market: Bradenton

Submarket: North Port/Sarasota/

Manatee

Price / SF: $184.78

PROPERTY OVERVIEW100% Occupied with long term lease. Free Standing Medical Building with wellestablished medical practice and institutional tenant. Excellent frontage onManatee Avenue with great signage near Manatee Memorial Hospital. Mustsign confidentiality agreement. REAL ESTATE ONLY. Medical Practice not forsale.

PROPERTY HIGHLIGHTS• 12 Treatment Rooms

• 4 Private Offices

• Employee Breakroom with lockers

• 2 Nurses Stations

• Large Administration Area

• Plenty of Parking

• Easy ingress/egress

• Bonus area on second floor

• Newer AC Units

• Private Physician Entrance

NOVEMBER 2017

CONFIDENTIAL OFFERING MEMORANDUM / /

EXECUTIVE SUMMARY



O F F I C E // 4

PROPERTY OVERVIEW

100% Occupied with long term lease. Free Standing MedicalBuilding with well established medical practice and institutionaltenant. Excellent frontage on Manatee Avenue with greatsignage near Manatee Memorial Hospital. Must signconfidentiality agreement. REAL ESTATE ONLY. Medical Practicenot for sale.

LOCATION OVERVIEW

This location is 12 blocks from the CBD of downtown Bradenton.It is within close proximatey to the Government Centers,Hospitals, and Financial District. This area is growing and beingregentrified with additional housing close to the water and theManatee Riverside walkway.

NOVEMBER 2017


PROPERTY DESCRIPTION



O F F I C E // 5

SALE HIGHLIGHTS

• 12 Treatment Rooms

• 4 Private Offices

• Employee Breakroom with lockers

• 2 Nurses Stations

• Large Administration Area

• Plenty of Parking

• Easy ingress/egress

• Bonus area on second floor

• Newer AC Units

• Private Physician Entrance

NOVEMBER 2017


COMPLETE HIGHLIGHTS



O F F I C E // 6

NOVEMBER 2017


ADDITIONAL PHOTOS


[email protected]

PRESENTED BY

1LOCATION INFORMATION

R E G I O N A L M A P

L O C A T I O N M A P S

A E R I A L M A P



O F F I C E // 8

Medical Office Building-8Cap

NOVEMBER 2017

CONFIDENTIAL OFFERING MEMORANDUM / /L O C A T I O N I N F O R M A T I O N

REGIONAL MAP



O F F I C E // 9

NOVEMBER 2017


LOCATION MAPS



O F F I C E // 10

Medical Office Building-8Cap

NOVEMBER 2017


AERIAL MAP


[email protected]

PRESENTED BY

2FINANCIAL ANALYSIS

F I N A N C I A L S U M M A R Y



O F F I C E // 12

INVESTMENT OVERVIEW

Price $1,525,000

Price per SF $184.78

CAP Rate -

Cash-on-Cash Return (yr 1) - %

Total Return (yr 1) -

Debt Coverage Ratio -

OPERATING DATA

Gross Scheduled Income -

Other Income -

Total Scheduled Income -

Vacancy Cost -

Gross Income -

Operating Expenses -

Net Operating Income -

Pre-Tax Cash Flow -

FINANCING DATA

Down Payment $1,525,000

Loan Amount -

Debt Service -

Debt Service Monthly -

Principal Reduction (yr 1) -

NOVEMBER 2017

CONFIDENTIAL OFFERING MEMORANDUM / /F I N A N C I A L A N A L Y S I S

FINANCIAL SUMMARY


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PRESENTED BY

3DEMOGRAPHICS

D E M O G R A P H I C S R E P O R T

D E M O G R A P H I C S M A P



O F F I C E // 14

1 MILE 3 MILES 5 MILES

Total population 6,410 64,083 166,927

Median age 32.8 36.9 40.4

Median age (male) 32.0 35.1 39.5

Median age (female) 35.3 39.6 42.0

1 MILE 3 MILES 5 MILES

Total households 2,331 23,296 65,387

Total persons per HH 2.7 2.8 2.6

Average HH income $39,540 $45,448 $50,763

Average house value $245,664 $237,664

* Demographic data derived from 2010 US Census

NOVEMBER 2017

CONFIDENTIAL OFFERING MEMORANDUM / /D E M O G R A P H I C S

DEMOGRAPHICS REPORT



O F F I C E // 15

POPULATION 1 MILE 3 MILES 5 MILES

Total population 6,410 64,083 166,927

Median age 32.8 36.9 40.4

Median age (male) 32.0 35.1 39.5

Median age (Female) 35.3 39.6 42.0

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 2,331 23,296 65,387

# of persons per HH 2.7 2.8 2.6

Average HH income $39,540 $45,448 $50,763

Average house value $245,664 $237,664

* Demographic data derived from 2010 US Census

NOVEMBER 2017

CONFIDENTIAL OFFERING MEMORANDUM / /D E M O G R A P H I C S

DEMOGRAPHICS MAP


[email protected]

PRESENTED BY

4ADVISOR BIOS

A D V I S O R B I O & C O N T A C T 1



O F F I C E // 17

100 N. Tamiami TrailSarasota, FL 34236T 941.993.0895C [email protected]

PROFESSIONAL BACKGROUND

Janet Robinson has worked in the Tampa Bay Region since 1996. Herphilosophy is if you listen carefully to what the customer needs, you can find asolution. Robinson has her CCIM designation,which is earned with manysuccessful transactions and extensive commercial real estate education. Janetspecializes in Office and Industrial, but has had an opportunity to work on officeand industrial leasing and sales, neighborhood retail, multi-family, and landsales and acquisitions.

She is an active member participating in: Sarasota and Manatee Chambers andEconomic Development Corporations, North Trail Redevelopment Partnership,Form Based Code Task Force, Bayfront 20/20, CCIM, FGCAR, Past President ofRASM CID.

Robinson supervises a team of 27 commercial associates with many years ofcommercial real estate experience. She teaches a 14 week introduction coursefor Commercial Associates of Coldwell Banker Commercial NRT. Quarterly, shepresents a report updating bankers, real estate brokers and others on the localreal estate market.

Before moving to Sarasota, Janet sold material handling equipment to the CoalMines, Steel Mills, and Utility Companies.

MEMBERSHIPS & AFFILIATIONS

CCIMGRI

JANET ROBINSON

Commercial Director

NOVEMBER 2017

CONFIDENTIAL OFFERING MEMORANDUM / /A D V I S O R B I O S

ADVISOR BIO & CONTACT 1

for sale - loopnet · 2017-11-03 · for sale 1720 manatee ave e., bradenton, fl 34208 ... coldwell...

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