Retail Outparcel

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30497076
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad
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: 10/9/2019

Overview / Comments

PRICED BELOW APPRAISAL!
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

View FullscreenMap

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

Contact

Photograph of Listing Agent

John Caragiulo, PA

HEMBREE AND ASSOC INC MFCRE Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.