Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20Real estate listing preview #21Real estate listing preview #22Real estate listing preview #23Real estate listing preview #24
listing
1 of 24
CommercialSold
List Price $3,325,000
Sold Price $3,250,000
3647 Cortez Road W
Bradenton, FL 34210
Listed by: Svn Commercial Advisory Group, (941) 387-1200
MLS: Stellar MLS
20,806Sq Ft
Est. Mortgage
$17,263/mo

Beautiful, single-tenant 20,806 +/- square foot office building on 3.7 +/- acres in a park-like setting within Wildewood Professional Park. Wildewood is a premier 12-building office park that stays well above 95% occupancy. National Credit, publicly-traded Tenant (NASDAQ) VERISK has been located here for eight years. The current lease term goes until September 2025 with one five-year renewal option. At the renewal the rents are adjusted to market rate providing huge upside as current rent is 25% below market in this very tight office market with less than 5% vacancy! So while this is a great NNN investment currently, it is also value-add with the increasing rents either with the current tenant or new future tenant. Wildewood Office Park is very centrally located on the Cortez Road commercial corridor with easy access to downtown Bradenton, downtown Sarasota, I-75, Lakewood Ranch and the beaches of Anna Maria Island. This is a freestanding, NNN leased building sitting on it's own 3.7 +/- acre parcel with cross access and cross parking easements with the other buildings within Wildewood. The building has recently been painted, re-landscaped, and the parking lot has been replaced.

Get in touch
Listing provided by Svn Commercial Advisory Group
Community / School Information