Retail Value Add Opportunity

The west region, particularly Bradenton, is experiencing significant development, with areas like Heritage Harbor Plaza seeing a surge in new projects. Developers are anticipating an 11% population increase in the coming years, further boosting the demand for retail spaces. The ongoing developments, including new restaurants, luxury apartments, and large retailers, underscore the area's growth potential, making this investment a stable income-generating opportunity with considerable room for future appreciation. These developments are within 5-10 miles of our subject property.This portfolio presents a compelling opportunity in Bradenton, FL, located on the west coast of Florida just an hour south of Tampa. The property features two almost fully leased buildings totaling 16,802SF. The property spans across three parcels on 1.5 acres along the the main thoroughfare of Manatee Avenue. This property has an approximately 2,700 SF vacancy allowing a new buyer to benefit from a value add opportunity. This property is well-positioned to capitalize on the area’s economic growth and vibrant retail scene. The property is currently zoned as BR_UCC which is the Bradenton Urban Commercial Corridor allowing for uses such as moderate-density residential, offices, retail, restaurants