Bradenton, FL – SVN Commercial Advisory Group is pleased to announce the successful sale of two prime commercial real estate properties in Bradenton, Florida, for a combined total of $6,050,000. The transaction was led by SVN’s Tony Veldkamp, CCIM, and Matt Fenske, representing the seller, Braden River Business Center LLC (Tom Brown). The properties were acquired by Creative Equities LLC.
The two properties included in the sale are:
- 4730 SR 64 E, Bradenton – A 2.31-acre property featuring a 27,390-square-foot building within an eight-building office complex at Braden River Office Park. The property boasts 100% occupancy, making it a valuable asset in the flourishing Bradenton market.
- 4740/4744 SR 64 E, Bradenton – Located along the high-demand I-75 corridor in the Bradenton-Sarasota area, this 0.88-acre site features a fully occupied 5,940-square-foot building.
4730 SR 64
4740 & 4744 SR 64
“The high occupancy rate of these properties underscores the strong demand for commercial office space in Bradenton, fueled by the area’s rapid population growth and thriving business climate,” said Tony Veldkamp, CCIM, Senior Advisor with SVN Commercial Advisory Group.
Bradenton’s expansion continues to attract investors and businesses, with the U.S. Census Bureau estimating a 2.4% population increase between 2020 and 2023. Additionally, Manatee County, home to Bradenton, is ranked as the 15th fastest-growing county in Florida, with a population of approximately 439,566 as of April 2023, according to the Office of Economic and Demographic Research of The Florida Legislature.
“The Bradenton-Sarasota corridor is a key commercial hub in Florida, and these properties’ strong occupancy and strategic locations make them excellent long-term investments,” added Matt Fenske, Senior Advisor at SVN Commercial Advisory Group.
For more information about this transaction, contact Tony Veldkamp, CCIM or Matt Fenske.