Vacant-User

Bradenton Warehouse

4504 30th St W, Bradenton, FL 34207

Listing Price: Request For Offer

Gross SF
112,000
Lot Size
7.37 acres
Year Built
1964
Rentable SF
112,000

Investment Overview

4504 30th Street West is currently a vacant warehouse located in the heart of Bradenton, FL near the intersection of Cortez Rd and 30th Street West. The property consists of roughly 100,000 square feet of leasable space, sits on over 7-acres of land with parking/storage, a truck well, 3 phase electrical, loading docks and roughly 10,000 square feet of office space to accommodate a user or tenant. The property was built in 1964 but has seen upgrades since then and is broken down into several smaller buildings which would be attractive to an investor looking to lease small to medium bay warehouse space to a wide array of tenants looking to do business in Manatee County. The current zoning is listed as light manufacturing and residential 6 with future zoning listed as light industrial and residential 16 units per acre

The property's market is remarkably tight with vacancy rates hovering roughly 150 basis points above the all-time low and rent growth has continued a two-year slide in 2020. Much of the metro's industrial demand is fueled by increased personal consumption from the metro's strong population growth rate, which has been among the highest in the nation over the past five years. The tourism is at record levels in Southwest, FL, which provides some lift to consumption and industrial demand, though this is largely confined to the services industry. Given the Cortez Road traffic count, of 30,000 vehicles per day, the asset is well positioned in this market to leverage the fundamentals in place.

Located in between Tampa and Southwest Florida, the metro has access to I-75, one of Florida's main arteries, as well as the multi-purpose deep-water Port Manatee, one of only two ports on Florida's west coast. The area is home to retail and wholesale distribution centers for many national firms, as well as some manufacturing divisional headquarters for companies such as Tropicana Products and Honeycomb Company of America.

Investment Highlights

  • 100,000 SF of Warehouse Space Well Located in the Heart of Bradenton
  • Dock High Doors and Loading Bay
  • Just Over 7-Acres of Land with Future Use Residential or MultiFamily
  • Well Located Near Intersection of 30th Street and Cortez Road
  • Growing Real Estate Submarket with Strong Fundamentals
  • Possible Redevelopment with Future Land Use of RL and LI

Exclusively Listed By

Listing Price: Request For Offer

Gross SF
112,000
Lot Size
7.37 acres
Year Built
1964
Rentable SF
112,000

Investment Highlights

  • 100,000 SF of Warehouse Space Well Located in the Heart of Bradenton
  • Dock High Doors and Loading Bay
  • Just Over 7-Acres of Land with Future Use Residential or MultiFamily
  • Well Located Near Intersection of 30th Street and Cortez Road
  • Growing Real Estate Submarket with Strong Fundamentals
  • Possible Redevelopment with Future Land Use of RL and LI

Investment Overview

4504 30th Street West is currently a vacant warehouse located in the heart of Bradenton, FL near the intersection of Cortez Rd and 30th Street West. The property consists of roughly 100,000 square feet of leasable space, sits on over 7-acres of land with parking/storage, a truck well, 3 phase electrical, loading docks and roughly 10,000 square feet of office space to accommodate a user or tenant. The property was built in 1964 but has seen upgrades since then and is broken down into several smaller buildings which would be attractive to an investor looking to lease small to medium bay warehouse space to a wide array of tenants looking to do business in Manatee County. The current zoning is listed as light manufacturing and residential 6 with future zoning listed as light industrial and residential 16 units per acre

The property's market is remarkably tight with vacancy rates hovering roughly 150 basis points above the all-time low and rent growth has continued a two-year slide in 2020. Much of the metro's industrial demand is fueled by increased personal consumption from the metro's strong population growth rate, which has been among the highest in the nation over the past five years. The tourism is at record levels in Southwest, FL, which provides some lift to consumption and industrial demand, though this is largely confined to the services industry. Given the Cortez Road traffic count, of 30,000 vehicles per day, the asset is well positioned in this market to leverage the fundamentals in place.

Located in between Tampa and Southwest Florida, the metro has access to I-75, one of Florida's main arteries, as well as the multi-purpose deep-water Port Manatee, one of only two ports on Florida's west coast. The area is home to retail and wholesale distribution centers for many national firms, as well as some manufacturing divisional headquarters for companies such as Tropicana Products and Honeycomb Company of America.

Exclusively Listed By

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