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Southwest Florida NNN 20,806 +/- SF Office Investment Opportunity

3647 Cortez Road, Bradenton, FL 34210

  • For Sale $3,985,000
  • Property Type Office - General Office
  • Property Size 20,806 SF
  • Lot Size 3.7 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1986
  • Date Updated Jun 25, 2022
Bradenton is a city located within Manatee County on Florida's Gulf Coast at the south end of Tampa Bay. It sits on the banks of the Manatee River where it meets the Gulf of Mexico, south of Tampa and St. Petersburg, and north of Sarasota, Ft. Myers and Naples. Bradenton is home to the Village of the Arts, the Bradenton Blues Festival, IMG Academy Elite Sport Training Facility, and LECOM Park, the spring training home of the Pittsburgh Pirates. The beautiful beaches of Anna Maria Island form the western border along the Gulf of Mexico, and Lakewood Ranch, one of the fastest selling master planned communities in the United States, borders to the east. Many nationally recognized companies call the Bradenton area home or have major facilities here. These include Tropicana Products (PepsiCo), Air Products & Chemicals, Beall's Department Stores, Chris-Craft Boats, Yellowfin Yachts, Feld Entertainment (Ringling Brothers Circus), Sunz Holdings, Sun Hydraulics, Sysco West Coast, and Pierce Manufacturing. This investment offering is one of twelve professional office buildings, situated on almost 13 Acres, in a project called Wildewood Professional Park located on the very busy Cortez Road corridor in Bradenton. Cortez Road is one of the three major east-west roadways in the County. Wildewood is positioned well within a myriad of retail opportunities including Hobby Lobby, Publix, Walmart, Culvers, McDonalds, Dunkin', and Taco Bell. Downtown Bradenton is a short drive north while downtown Sarasota is around 20 minutes to the south just past the Sarasota-Bradenton International Airport. For transportation this area is serviced by the Sarasota-Bradenton International Airport, one of the fastest growing airports in the United States, which is 15 minutes south of Wildewood, Also there is Tampa International Airport approximately 45 minutes north, and the St. Petersburg-Clearwater International Airport also approximately 45 minutes to the north. SeaPort Manatee is twenty minutes to the north at the north end of Manatee County. It is the closest U.S. deepwater seaport to the Panama Canal, serving bulk, breakbulk, container, heavy lift, project and general cargo customers.
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Location

  • City Bradenton, FL
  • Neighborhood South Bradenton
  • Zip Code 34210
  • Market Southwest Florida Coast

Contacts

Tony Veldkamp

SVN Commercial Advisory Group

(941) 487-6990

Highlights

  • VERISK is a National Credit Tenant (NASDAQ - VRSK)
  • Ease of Ownership, Single-Tenant NNN
  • Well Maintained Office Building, Recent Improvements
  • Stable Cash Flow, Long Term Tenant
  • Below Market Rent by over 20%
  • Potential Upside Bringing Rents up to Market at Renewal
  • Very Strong Market with less than 5% Vacancy
  • Great Southwest Florida Location
  • Attractive Updated Interior Build Out

Frequently Asked Questions

What is the total square footage of Southwest Florida NNN 20,806 +/- SF Office Investment Opportunity?

Southwest Florida NNN 20,806 +/- SF Office Investment Opportunity totals 20,806 square feet.

When was this property built?

Southwest Florida NNN 20,806 +/- SF Office Investment Opportunity was built in 1986.

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Attachments

Contact Listing Broker

Tony Veldkamp

SVN Commercial Advisory Group

(941) 487-6990

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