825 9th St W - Storefront Retail/Office FOR SALE


Bradenton, FL 34205
$4,500,664 USD
847-562-8500
825 9th St W, Bradenton, FL for Sale
$4,500,664 USD
Storefront Retail/Office - FOR SALE
1/3
null | 7.25% Cap Rate

825 9th St W
Bradenton, FL 34205


HIGHLIGHTS

  • KEDPLASMA is a prominent global leader in the collection of high-quality human plasma, operating over 70 plasma donation centers across the US
  • Corporate guaranty
  • 7+ years remain on the primary lease term
  • Located at the signalized intersection of 9th Street (25,000 VPD) & 9th Avenue (7,000 VPD)
  • Proximity to Tamiami Trail (62,500 VPD)
  • Over 202,800 people live within a five-mile radius

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased KEDPLASMA property positioned within the Tampa MSA located in Bradenton, Florida. The tenant began occupying the space in 2017 with a 15-year lease that runs through April 2032. The subject lease contains 10% rental escalations throughout the primary term and four 5-year renewal options. Additionally, Florida is an income tax free state and the lease features a corporate guaranty. The 16,357 square-foot building benefits from its strategic location at the intersection of 9th Street and 9th Avenue, which together handle 32,000 vehicles per day. 9th Street connects to US Highway 41, linking Bradenton to Tampa. Additionally, the building is situated near Tamiami Trail, a major thoroughfare in Florida with over 62,500 vehicles passing through daily. KEDPLASMA is found less than one mile southwest of the Manatee Memorial hospital, a 300-bed medical facility. Other key landmarks drawing people to the area include The Bishop Museum of Science and Nature as well as LECOM Park, the spring training home of the Pittsburgh Pirates. There are over 202,800 people living within a five-mile radius that earn an average household income of $80,813. KEDPLASMA is a prominent global leader in the collection of high-quality human plasma, operating over 70 plasma donation centers across the United States, and contributing to the collection of approximately 800,000 liters of plasma annually. As a subsidiary of Kedrion Biopharma, an Italian company with over 2,500 employees and a presence in more than 100 countries, KEDPLASMA plays a crucial role in supporting the treatment of rare and serious diseases, such as hemophilia, immune deficiencies, and other blood disorders.

FOR SALE DETAILS

PRICE

$4,500,664 USD

PRICE/SF

$275 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KEDPLASMA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,640 SF

ZONING

T5

APN/PARCEL ID

32725-0005-9,32732-0005-9

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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