deal image
8750 State Road 70 EBradenton, FL 34202
Ranch Lake Plaza
Asset ClassRetail
Retail Occupancy100%
Retail Occupancy: 100%Retail SF: 85,565Weighted Average Lease Term: 4.8 YearsAccess Data Room
100% Leased, ±85,500 SF Neighborhood Retail Center | Stable, Cash-Flowing Asset in One of the Fastest Growing MSA’s in the Nation.
overview of deal


Ackman-Ziff Real Estate Group, as exclusive agent for Ownership, is pleased to offer for sale the fee simple interest in Ranch Lake Plaza (“Property”), an ±85,500 SF neighborhood retail center in Bradenton, Florida (Tampa MSA). The Property is 100% leased to a flagship Goodwill, Manatee Memorial Hospital, Tire Choice, and a variety of other service, restaurant, and medical tenants. The Property greatly benefits from its proximate location to Lakewood Ranch and convenient access and visibility via State Road 70 and Interstate 75. Ranch Lake Plaza offers prospective investors the unique opportunity to acquire a stable, cash-flowing asset in one of the fastest-growing MSAs in the nation.

Access the Data Room

Investment Highlights

# Tenants
Retail Occupancy
Parking Spaces
363 Spaces
Retail SF
Net Operating Income
$1.41 Trillion
Weighted Average Lease Term
4.8 Years

STABLE CASHFLOW: High occupancy (100%), remaining lease term (±5 years), and growth (10-year CAGR of 2.82%). In-place rents are largely below-market levels, providing upside as leases mature.


STRONG TENANCY: Ideal mix of internet-resistant service, restaurant, and medical users, anchored by a flagship Goodwill. Goodwill is operated by a top franchisee in Florida and boasts 500k annual visitors (top 1% nationally, per National tenants comprise 69% of the GLA at the Property.


IRREPLACEABLE LOCATION: Ideally situated with 600 feet of frontage on highly-trafficked SR-70 (55,000 VPD), in a prime retail corridor, fed directly by I-75 (135,000 VPD). Walmart Supercenter is located 800 yards to the NW.


EXCEPTIONAL DEMOGRAPHICS: Dense, affluent trade area with 112,000 people and average household income of $115,000 within 5 miles, materially higher than the state average. Nearby Lakewood Ranch is consistently voted the #1 master-planned community in the nation.


OUTSTANDING MARKET FUNDAMENTALS: Submarket has effectively no retail vacancy (99.4% leased), 4.00% historical annual rent growth, and significant barriers to entry.


EXCELLENT PHYSICAL CONDITION: The Property was built in 2002/2004 with major capital improvements completed in 2022. Specifically, owner restored the roofs with 15-year warranties, modernized the façade, and resealed and striped the parking lot.


LANDLORD-FRIENDLY LEASES: Tenant leases provide 100%+ pass-through of CAM, taxes, and insurance, and include no unilateral termination rights and virtually no co-tenancy or restricted use provisions.

deal gallery image
deal gallery image
deal gallery image
8750 State Road 70 EBradenton, FL 34202

Contact Information

deal image


Listing provided by Revere CRE