3637 Cortez Rd
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3637 Cortez Rd
14,819 SF 100% Leased Retail Building Bradenton, FL 34210 £2,425,595 (£164/SF) 6.10% Net Initial Yield
Investment Highlights
- Established tenants
- Jumbo Pilon Sign
- Separately Metered Units
- AADT: 30,500
- 36 Parking Spaces
- Front and Rear Storefront Doors
Executive Summary
Multi tenant retail strip with over 200 feet of frontage on Cortez Rd. W. Excellent ingress/egress with two points of access to Cortez Rd. and Signalized access via College Plaza Cross Access Easement. Prime location serving both neighborhood and regional retail needs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
14,819 SF
Building Class
C
Year Built
1985
Price
£2,425,595
Price Per SF
£164
Net Initial Yield
6.10%
NOI
£148,040
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Lot Size
1.09 AC
Zoning
GC - General Commercial
Parking
36 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
200 ft on Cortez Rd
Amenities
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 51826-1035-1 | Improvements Assessment | £1,234,809 |
| Land Assessment | £408,727 | Total Assessment | £1,643,536 |
PROPERTY TAXES
Parcel Number
51826-1035-1
Land Assessment
£408,727
Improvements Assessment
£1,234,809
Total Assessment
£1,643,536
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3637 Cortez Rd
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