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9904-9928 SR-64 E, Bradenton , FL , 34212

East Glen Professional Park
$3,431,944

Key Information

Cap Rate
7.31%
Tot. SF
14,540
Lot Size
2.89 Acres
Year Built
2005
Type
Shopping Centers
Occupancy
100%
NOI
$250,934

Highlights

  • Fully Occupied: Fully leased professional office park providing stable, in-place income from day one, featuring contractual annual rent increases that create built-in revenue growth and serve as a natural hedge against inflation, while supporting long-term value appreciation.
  • Strong Core Tenant Mix: East Glen Professional Park features a diversified roster of necessity-based users including medical, education, and childcare operators. These businesses serve everyday community needs and generate consistent traffic.
  • Ample Parking: The property offers 71 parking spaces, equating to an attractive 4.9 spaces per 1,000 square feet, supporting customer demand.
  • Rare ±2.89-Acre Assemblage: Three buildings across three parcels totaling ±2.89 acres, offering long-term redevelopment potential along an established retail corridor.
  • Committed Tenancy: The property is leased to established tenants who have demonstrated long-term commitment to their spaces through substantial build-out investments. Significant tenant investment in the space makes relocation costly and unlikely, strengthening long-term occupancy and income security.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203