
DESOTO SQUARE MALL
Bradenton, FL 34205
PRICE Please Inquire
GLA 582,737 SF
PROPERTY TYPE Retail
CAP RATE n/a
OCCUPANCY 71%
YEAR BUILT 1973
Bradenton, FL 34205
PRICE Please Inquire
GLA 582,737 SF
PROPERTY TYPE Retail
CAP RATE n/a
OCCUPANCY 71%
YEAR BUILT 1973
DEMOGRAPHICS
2013 Total Population
1 – mi. – 248,286
3 – mi. – 361,721
5 – mi. – 446,378
More info in the flyer
INVESTMENT HIGHLIGHTS
- DeSoto Square is a 678,377 SF regional mall anchored by 100K SF Hudson’s Furn., 103,162 SF JCPenney, and a 99,946 SF Sears (separately owned). The area offered for sale totals ±569,675 SF of GLA.
- The Bradenton MSA is a sizeable secondary market trade area with favorable retail demographics, a growing population, and close proximity to the Tampa and Sarasota MSAs.
- The only enclosed shopping center in Manatee County.
- Recent addition of Hudson Furniture Showroom (100,151 SF) demonstrates the continued drawing power of the Mall
- Immediate upside potential through lease-up of vacancies (132K SF anchor space)
- Stable In-line Sales over the past several years (ranging from $292/psf in 2003 to $280/psf in 2013)
- Manatee County has experienced exceptional population growth since 2000, adding close to 80,000 new residents.
City: | Bradenton |
State: | FL |
Square Feet: | 569,675 SF |
Price: | MAKE OFFER |
Cap Rate: | n/a |