Retail Outparcel

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Vacant Land
Catylist Listing ID: 30497076
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad
Status: Pending/Contingent
Building Size (RSF): 4,060 SF
Gross Land Area: 45,368 SF
Sale Price: $1,199,000
Unit Price: $295.32 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 5888 Cortez Rd W
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/4/2019

Overview / Comments

Stand-alone building with drive thru on 1.04 acre parcel. Digital pylon sign in place.
Excellent parking ratio. Close proximity to lighted intersection/hard corner, with major national and area retailers. Combined Traffic counts of 47,000 ADT. Common ingress/egress to Cortez Commons shopping center. Near Gulf beaches and downtown Bradenton.
Two parcels being sold. 5888 Cortez Rd & 4211 59th St. W.
See attachments for Survey and certified portion of appraisal.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 51111-2010-9
Zoning: SCC
Retail Clientele: General, Business
Property Located Between: 59th St & Cape Vista Dr.
Property Visibility: Excellent
Largest Nearby Street: Cortez Rd
Traffic/Vehicle Count: 47,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Total Parking Spaces: 53
Parking Ratio: 13 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,262 87,782 157,242
Median Age: 48.93 47.34 45.22
Households: 6,921 40,853 68,239


Photograph of Listing Agent

John Caragiulo, PA

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