CB Richard Ellis' Private Client Group is pleased to offer for sale Lakeside Plaza, a 30,938 SF retail center in Bradenton, Florida. Located on Cortez Road, Lakeside Plaza consists of 24,700 SF of in-line space and a 6,238-SF, free-standing Carrabba's Italian Grill restaurant on an out-parcel.
Lakeside Plaza is also shadow-anchored by adjacent The Home Depot and Aaron's Inc. stores. The center is 64% leased to four tenants – Grand China Buffet restaurant, Carrabba's Italian Grill, Cyber Café Internet Room (video gaming) and a local barber shop. There are five vacant spaces, totaling 11,050 SF.
Lakeside Plaza is located on Cortez Road, one of the main commercial highways in Bradenton. Besides the shadow-anchors of The Home Depot and Aaron's, Lakeside Plaza is nearby other major retailers including Best Buy, Dick's Sporting Goods, OfficeMax, Office Depot, hhgregg, and Burlington Coat Factory. This strategic location is a mecca for shoppers from Bradenton and other areas of Manatee County.
Lakeside Plaza is being offered by a private investment group that has owned the asset for a long term. The offering provides an investor the opportunity to add value through lease-up of the vacant space or potential redevelopment of the in-line space.
Main Bldg: 1968
Carrabba's Bldg: 1996
Main Bldg: 24,700 SF
Carrabba's Bldg: 6,238 SF
Total: 30,938 SF
||± 6.2 Acres|
||± 370 spaces|