Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire Bradenton Industrial (the “Property”), a two-building industrial portfolio in Bradenton, Florida consisting of an 19,500 gross square-foot, single-tenant, net-leased building; and a 38,000-square-foot, multi-tenant building. There is a strong industrial presence in this market with over 22-million square feet of inventory, and an astounding average vacancy rate of under three-quarters of a percent, within five miles. Bradenton Industrial is occupied by long-term local tenants. Below-market rents in the multi-tenant building, along with short-term leases, provide immediate upside through bringing rents to market. The buildings have many upgrades, such as increased electrical capabilities, oversized doors, and air-conditioned warehouse space. Each building has both dock-high and grade-level doors. The city of Bradenton is located in the Sarasota Florida MSA, situated between Sarasota and Tampa/St Petersburg. The Sarasota MSA is one of the top 10 growing MSAs in the country.