Property Description
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.
Features
- Cooling System:
- Central Air
Address Map
- Country:
- US
- State:
- FL
- County:
- Manatee
- City:
- Bradenton
- Subdivision:
- ACREAGE
- Zipcode:
- 34210
- Street:
- CORTEZ
- Street Number:
- 3647
- Street Suffix:
- ROAD
- Longitude:
- W83° 23' 58.5''
- Latitude:
- N27° 27' 35.7''
- Directions:
- From the corner of State Road 70 and US 301, head west on State Road 70 as it turns into 53rd Ave W. Turn right on 14th St SW. Turn left on Cortez Road.
- Mls Area Major:
- 34210 - Bradenton
- Street Dir Suffix:
- W
- Zoning:
- PDC
Additional Information
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/A4551785
- Previous Price:
- 3985000
- On Market Date:
- 2022-11-05
- Foundation Details:
- Slab
- Construction Materials:
- Brick
- Building Size:
- 20806
Financial
- Tax Annual Amount:
- 36367
Listing Information
- List Agent Mls Id:
- 266502740
- List Office Mls Id:
- 281516932
- Mls Status:
- Sold
- Modification Timestamp:
- 2023-10-02T08:49:08Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2023-10-02T08:48:33Z
Commercial Sale For Sale
3647 Cortez W Road, Bradenton, Florida 34210
20,806 Sqft
$3,325,000
Listing ID #A4551785
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- A4551785
- Price :
- $3,325,000
- Square Footage :
- 20,806 Sqft
- Year Built :
- 1986
- Lot Area :
- 3.71 Acre
- Property Sub Type :
- Office
Agent info
Contact Agent