Mike Milano, CCIM, MAI and Sean Glickman, CCIM, with the Milano–Glickman Retail Team and Executive Managing Directors at Colliers International are proud to offer for sale Shops at Bayshore, a 8,956 SF strip center located along one of the busiest roads in the dense and affluent coastal town of Bradenton, FL. The property, recently constructed in 2016, is fully leased by a great mix of quality tenants that are both service oriented and e-commerce resistant. This is an excellent opportunity to acquire a well-located strip center in a strong submarket. Excellent frontage, access and visibility along one of Bradenton’s busiest main roadways Superb demographics – Dense population with aboveaverage incomes Positioned along a dominant retail corridor and alongside many other national retailers. Recently constructed in 2016 and there are minimal expected capital expenditures within the first few years. All leases are triple net (NNN), protecting the owner from future expense increases. Staggered lease expiration with long-term leases minimizes turnover vacancy. Fully occupied by quality national, regional and local brands. All tenants are service oriented and e-commerce resilient. There are contractual rent increases, allowing for consistent NOI growth.
6228 14th St W, Bradenton, Florida 34207