Manatee Towne Centre
5101 33RD ST E,
Bradenton, FL 34203
Dreznin Pappas Commercial Real Estate, LLC
$9,500,000
Price
$646,134
NOI
6.80%
Cap Rate
$108
Price Per SF
87,667
Building SF
Multiple
Tenancy
Previous
Next
$9,500,000
Price
$646,134
NOI
6.80%
Cap Rate
$108
Price Per SF
87,667
Building SF
Multiple
Tenancy
Investment Highlights
Manatee Towne Centre (MTC) is an 80,000 Square Foot Plaza that has a major tenant in Ollie's and a secondary main tenant in Dollar General. The neighborhood center has provided services & amenities valued by the locals. In addition, you have a newer apartment complex (Oaks at Lakeside) immediately adjacent to the East, which is just more people who want or need more items from the businesses in place.
A portfolio of tenants that help support the fabric of a healthy shopping center. Food Services Amenities & Entertainment Larger box retail focused on the demographic audience
New Roofing in place (2025). Updated HVAC units (tenant responsibilities).
MTC is able to rely and draw on these immediate neighborhoods and communities; Peridia Moss Creek The Oaks at Lakeside apartments Venue at Lockwood apartments Garden Lakes neighborhoods Royal Palm Terrace apartments Bayshore Gardens neighborhoods Braden River neighborhoods
Location Summary
Situated directly on 53rd Ave E (SR-70) with access on the North side of SR-70. This property has approximately 180' of frontage on SR-70 with four direct Ingresses and Egresses.
Well positioned center allowing customers easy access to visit. 1 mile East of US-301 1.3 miles South of new 44th Ave E extension to Lakewood Ranch 3.5 miles East of US-41 (14th st W) 3.7 miles West of I-75 3.9 miles SE of Tropicana headquarters 5.1 miles South of Manatee Memorial Hospital 6.2 miles from SRQ International Airport
FOR MORE DETAILS CONTACT
Sean Dreznin
DREZNIN PAPPAS CRE, LLC
(941) 961-8199
tritoncre@gmail.com
Copyright ©
CREOP
, LLC. All Rights Reserved.