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Marcus & Millichap Sells Bradenton Office Building For $5.8M

Property Image
SOLD
$5,800,000

Florida

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Office41,027 SF
Sold 01/22/2021
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Property Image
SOLD

Marcus & Millichap Sells Bradenton Office Building For $5.8M

812 62nd St Cir E, Bradenton, FL, USA

See Similar Deals
Office41,027 SF
Sold 01/22/2021
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$141
Total Square Footage:41,027 SF
Transaction Type:Sale

The office property located at 812 62nd St. Cir E. in Bradenton was recently sold for a price of $5,800,000. The property spans a total area of 41,027 square feet, resulting in a price per square foot of $141. The transaction took place on January 22, 2021. Salim Valiani and Andrew Jaworski from Marcus & Millichap represented the parties involved in the deal.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $5,800,000
  • Address: 812 62nd St. Cir E., Bradenton
  • Market: Bradenton
  • Size: 41,027 sq ft
  • Price per Square Foot: $141

Brokers Salim Valiani and Andrew Jaworski from Marcus & Millichap played a key role in facilitating the sale of the office property. Their expertise and representation ensured a successful transaction between the parties involved.

Players

Salim Valiani
13 deals$100.3M volume(407) 620-2416
BROKER

Andrew Jaworski
Marcus & Millichap
4 deals$35.8M volume
BROKER

Details

SOLD
IMAGE: Andrew Jaworski & Salim Valiani DATE: 01/22/2021 ADDRESS: 812 62nd St. Cir E. MARKET: Bradenton ASSET TYPE: Office BROKERS: Salim Valiani & Andrew Jaworski - Marcus & Millichap PRICE: $5,800,000 SF: 41,027 ~ PPSF: $141

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$20,606.19
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