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1720 Cortez Rd Local commercial 369 m² À vendre Bradenton, FL 34207 3 083 816 € (8 352,77 €/m²) Taux de capitalisation 6,25 %
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Investment Grade Tenant: Trulieve operates 225 stores nationwide, including 165 in Florida, with 48% market share and $1.2B in annual revenue
- Prime Location: High-traffic commercial corridor surrounded by national retailers.
- Strong Demographics: Average household income of $70,946 within 3 miles.
- Long-Term Stability: 10-year absolute NNN lease structure with built-in rent increases and no landlord obligations.
- Prime Location: Strong residential density (121,000+ residents within 3 miles), and 48,000+ daytime workers.
- High Visibility: 54,500 VPD ensures maximum exposure for tenant branding and traffic generation.
RÉSUMÉ ANALYTIQUE
Address: 1720 Cortez Road West, Bradenton, FL 34207
Building Size: 5,106 square feet (freestanding building)
Lot Size: ±0.60 acres (26,136 SF)
Tenant: Trulieve – the leading medical cannabis company in the U.S.
Zoning: Commercial
Lease Type: Absolute NNN (Triple Net)
Rent: $235,000 annually, with 3% annual escalations
Lease Term: 10 years with two 5-year extension options
Traffic Volume: 54,500 vehicles per day (VPD) on Cortez Rd
Size: 0.60 acres with a 5,106 SF freestanding retail building.
Parking: 16 dedicated spaces.
Access & Visibility: Excellent frontage and access along Cortez Road West — one of Bradenton’s busiest commercial corridors.
Surroundings: Near major retailers including Publix, Lowe’s, and Cortez Plaza.
Condition: Renovated in 2024 and delivered free and clear of debt.
Offering Type: Fee simple sale — property delivered unencumbered.
Cap Rate: 6.25% based on current annual rent of $235,000.
Growth Opportunity: 3% annual rent escalations provide reliable income growth over the lease term.
Tenant Strength: Trulieve reported $420M in EBITDA (2024) with continued expansion across key U.S. markets.
Building Size: 5,106 square feet (freestanding building)
Lot Size: ±0.60 acres (26,136 SF)
Tenant: Trulieve – the leading medical cannabis company in the U.S.
Zoning: Commercial
Lease Type: Absolute NNN (Triple Net)
Rent: $235,000 annually, with 3% annual escalations
Lease Term: 10 years with two 5-year extension options
Traffic Volume: 54,500 vehicles per day (VPD) on Cortez Rd
Size: 0.60 acres with a 5,106 SF freestanding retail building.
Parking: 16 dedicated spaces.
Access & Visibility: Excellent frontage and access along Cortez Road West — one of Bradenton’s busiest commercial corridors.
Surroundings: Near major retailers including Publix, Lowe’s, and Cortez Plaza.
Condition: Renovated in 2024 and delivered free and clear of debt.
Offering Type: Fee simple sale — property delivered unencumbered.
Cap Rate: 6.25% based on current annual rent of $235,000.
Growth Opportunity: 3% annual rent escalations provide reliable income growth over the lease term.
Tenant Strength: Trulieve reported $420M in EBITDA (2024) with continued expansion across key U.S. markets.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Pharmacie
Surface de l’immeuble
369 m²
Classe d’immeuble
B
Année de construction
1957
Prix
3 083 816 €
Prix par m²
8 352,77 €
Taux de capitalisation
6,25 %
RNE
192 738 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,15
Surface du lot
0,24 ha
Zonage
GC - Commerce général
Stationnement
16 places (43,34 places par 1 000 m² loué)
Façade
31 m sur Cortez Rd
CARACTÉRISTIQUES
- Enseigne sur pylône
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PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | 49084-0005-9 | Évaluation des aménagements | 553 297 € |
| Évaluation du terrain | 367 609 € | Évaluation totale | 920 905 € |
TAXES FONCIÈRES
Numéro de parcelle
49084-0005-9
Évaluation du terrain
367 609 €
Évaluation des aménagements
553 297 €
Évaluation totale
920 905 €
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CARTE
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1720 Cortez Rd
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