3647 Cortez Rd | Bradenton, FL 34210
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3647 Cortez Rd
Bradenton, FL 34210
Office Property For Sale
INVESTMENT HIGHLIGHTS
- VERISK is a National Credit Tenant (NASDAQ - VRSK)
- Value-Add Opportunity with Increasing Rents in Two Years
- Stable Cash Flow, Long-Term Tenant, Ease of Ownership
- Single-Tenant NNN - 7.5% CAP RATE on 2023 Rent Increase!
- Well Maintained Office Building, Recent Improvements
- Below Market Rent by over 25%
PROPERTY FACTS
Property Type
Office
Building Size
20,806 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Typical Floor Size
20,806 SF
Building FAR
0.13
Lot Size
3.71 AC
Zoning
PD-C
Parking
96 Spaces (4.61 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 51828-0050-7 | Improvements Assessment | $1,967,206 |
| Land Assessment | $483,630 | Total Assessment | $2,450,836 |
PROPERTY TAXES
Parcel Number
51828-0050-7
Land Assessment
$483,630
Improvements Assessment
$1,967,206
Total Assessment
$2,450,836
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