SREG And Bones Investment Group Sell Heritage Station Retail Center For $10.975M In Bradenton

The property asset involved in this transaction is a newly built retail center located at 7815 State Road 64 in Bradenton, Florida. The retail center, named Heritage Station, spans 13,538 square feet and is situated on a 2.89-acre lot. It was sold for a transaction amount of $10,975,000, translating to a price per square foot of $811.

The transaction was facilitated by SRS Real Estate Partners, with brokers William Wamble and Patrick Nutt representing the sale. The property was acquired by a Minnesota-based private investor who completed a 1031 exchange. Noteworthy tenants include Chipotle, Five Guys, and Aspen Dental, contributing to the asset's fully leased status and investor appeal situated in a high-growth area adjacent to major retailers such as Costco and Target.