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
$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