Wildewood Professional Park

Office for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30762442
Property Subtypes: Business Park, Medical, Mixed Use, Office Building
Status: Pending/Contingent
Building Size (RSF): 99,649 SF
Gross Building Area: 109,509 SF
Sale Price: $12,500,000
Unit Price: $125.44 PSF
Property Use Type: Investment
Building Name: Wildewood Professional Park
Sale Terms: Cash to Seller
Cap Rate: 7.04%
Average Occupancy Rate: 97
Last Updated: 10/19/2021

Overview / Comments

Wildewood Professional Park is a beautiful mixed-use Office Park located on a nearly 13-acre park-like setting on busy Cortez Road in the heart of Bradenton, Florida. With approximately 100,000 square foot of commercial leasable space set within 12 brick multi-tenant buildings, this is the ideal central location for businesses to thrive. Wildewood Professional Park is a strongly stabilized, highly profitable property with 109,509 square feet of total space that is leased at a solid 97% occupancy comprised from a strong multi-tenant base. The property currently provides private prestigious office spaces to 83 thriving businesses. The tenants at Wildewood enjoy a wealth of amenities important in today’s business climate with most office suites including private rest rooms, individual electric meters, front door parking and an abundance of additional parking spaces for their clients. This sale consists of 12 free standing office buildings on 11 separately deeded parcels and offers a multitude of exit strategies to further expand the value of this asset. This is the perfect central location with an abundance of parking and signage directly on the busy Cortez Road corridor. Wildewood is a beautiful oasis of mature oak trees, ponds and lush landscaping that together create a serene park-like setting in the heart of one of the busiest commercial areas of Bradenton. Opportunities like this are rare. Call today to secure a time to tour this amazing property.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 11 separate PIDs
Zoning: PDC
Property Visibility: Excellent
Total Number of Buildings: 12
Construction/Siding: Block, Brick, Stone
Exterior Description: Nearly 13 acres
Parking Type: Surface
Passenger Elevators: 1
Heat Type: Electricity
Heat Source: Central
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,935 109,231 175,797
Median Age: 45.25 45.05 44.31
Households: 7,850 48,591 74,893

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