Retail Space For Lease @ 530 13th St W

Take our virtual tour: https://my.matterport.com/show/?m=1ZiV27GRQ6b

BUILDING CAN COME DELIVERED VACANT!

Property Can be sold as completely vacant or new owner can keep the tenant that is leasing Store C.

Approx. 10,334 sf. ft. ground floor retail space. Very light & bright. Three stores, approximately 4,077, 3,212 and 3,045. Ceiling heights: 16', 12' and 11'. Second floor of approximately 4,000 sq. ft., with beautiful wood framed trusses. Newly sprinklered, heavy duty electric service.

Location: In Bradenton's Historic District. One block from the Manatee County Courthouse and in the center of Downtown's governmental and legal district. Across the street from two of Bradenton's largest class A office buildings: The Sunz Insurance Building and the Bank of America Building. One block from Bradenton Financial Center (with the well-known restaurant Sage Cafe). Over 10,000 people work downtown.

Parking: Large public parking lot directly behind the building. One block from the judicial center parking garage with 223 spaces.

Net Leased: Only landlord obligations : taxes, insurance, roof & structure.

(Pro Forma) Stores A: 530 13th Street; 3,035 sq. ft. Vacant, value $15 psf or $45,525 p/a

(Pro Forma) Store B: 526 13th Street; 3,212 sq. ft., Vacant, value at $15 psf $48,180 p/a

Store C: 522 13th Street: 4,077 sf. Erpo, LLC, bakery & cafe; 6/1/21-10/31/26;
$50,962 p/a, $4,246.88/mo, starting 11/1/2021. Tenant committed to investing @ $200,000+ into the space. Lease includes 4,000 sf 2nd floor space. Lease guaranteed by the principals. One 5 year extension option. Extremely low rent of $6.37 psf for space of @ 8,000 sf provides considerable upside.

Projected Est. Income: $144,677

Less Property Taxes & Insurance: $6,741 (2020) & $7,500 = $14,241

Estimated profit: $130,426 This space offers accomodations for: street retail.