5805 Manatee Ave W - Storefront FOR SALE


Bradenton, FL 34209
$1,364,000 USD
949-221-1814
5805 Manatee Ave W, Bradenton, FL for Sale
$1,364,000 USD
Storefront - FOR SALE
1/5
null | 5.5% Cap Rate

5805 Manatee Ave W
Bradenton, FL 34209


HIGHLIGHTS

  • Dual drive-thru 7 Brew Coffee property in Bradenton, Florida
  • Rare Low Base Rent: $75,000 dollars
  • Outparcel to Palma Sola Square: 120K square foot ALDI grocery-anchored shopping center
  • Frontage & visibility on Manatee Avenue (45,000 VPD), a primary east/west thoroughfare in Bradenton FL
  • Bradenton, Florida: affluent & high growth market
  • 148,000+ residents within 5-mile radius of subject property (Placer.ai)

OVERVIEW

Faris Lee Investments is pleased to present the rare opportunity to acquire a brand new, dual drive-thru, long-term ground leased 7 Brew Coffee property in Bradenton, Florida. The subject property is an outparcel located within Palma Sola Square, a 120,000 square foot daily-needs shopping center anchored by a brand new ALDI grocery store. Within a 5-mile radius of the brand new 7 Brew location, there are more than 148,000 residents. This quick service coffee restaurant has commenced a fresh 10-year lease with multiple options to renew, and fixed 10% rental increases every 5 years. Additionally, this 7 Brew investment property has zero landlord responsibilities, which makes it the ideal investment opportunity for a passive or out-of-state investor looking for a high-performing QSR tenant with a strong brand identity, quality product, and explosive brand growth nationwide. The subject property has direct frontage and visibility on Manatee Avenue West (45,000 VPD), a major traffic artery in Bradenton that connects the community with national retailers, local beaches, and the Interstate 75 freeway (113,500 VPD). This brand new 7 Brew location also benefits from the proximity and synergy of national retailers / QSR tenants including: Publix, Target, Taco Bell, McDonald’s, Wawa, and more. In 2021, Bradenton FL ranked #2 in net population growth across the United States. The immense population growth and national retail / grocery presence will serve this new 7 Brew Coffee location well, and provides a rare investment opportunity.

FOR SALE DETAILS

PRICE

$1,364,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew Coffee | Florida | Pad to ALDI Grocery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

600

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

GC

APN/PARCEL ID

38016-1045-6,38016-1050-9

ASK ABOUT THIS PROPERTY

Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

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Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.