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4502 Cortez Rd W - BMO Building 12,686 SF Office Condo Unit Offered at $8,626,713 CAD in Bradenton, FL 34210
Investment Highlights
- Stabilized $408,781 NOI
- $496.36/SF based on tax records (12,686 SF)
- State of Florida government agency tenancy
- 6.50% cap rate investment
- Anchored by investment grade bank tenant
- Located along Cortez Rd commercial corridor
Executive Summary
4502 Cortez Rd W is a Class A multi-tenant professional office building located along one of Bradenton’s primary commercial corridors. The three-story building contains approximately 25,893 SF on 2.04 acres and features strong visibility along Cortez Road with convenient access to surrounding retail, residential, and medical services. The property is anchored by high-quality credit tenants, including a national bank branch and a long-term government agency, providing stable occupancy and strong institutional tenancy. The tenant mix includes professional office, medical, and service-oriented users that benefit from the building’s central location and steady daytime population. The property offers approximately 130 parking spaces (5.02/1,000 SF ratio), elevator access, monument and building signage opportunities, and well-maintained common areas. Its location along Cortez Road provides excellent accessibility to Bradenton, Sarasota, and the greater Tampa Bay region. With a strong tenant roster, strategic location, and professional office environment, 4502 Cortez Rd W presents a compelling investment opportunity in one of Manatee County’s established office corridors.
1 Unit Available
Unit Multiple U
| Unit Size | 12,686 SF | Sale Type | Investment |
| Price | $8,626,713 CAD | Cap Rate | 6.49% |
| Price Per SF | $680.02 CAD | NOI | $560,029.97 CAD |
| Condo Use | Office | Sale Conditions | Bulk/Portfolio Sale |
| Unit Size | 12,686 SF |
| Price | $8,626,713 CAD |
| Price Per SF | $680.02 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.49% |
| NOI | $560,029.97 CAD |
| Sale Conditions | Bulk/Portfolio Sale |
Description
Investment office condominium located within Bradenton Office Center at 4502 Cortez Rd W in Bradenton, Florida. The property is part of a professionally maintained three story office building featuring masonry construction, elevator service and ample on site parking. The condominium supports a diversified tenant mix including a national banking institution and a State of Florida government agency, both representing strong credit tenancy. The building benefits from visibility along Cortez Road, one of Bradenton’s primary commercial corridors, with convenient access to surrounding retail, medical, and residential developments.
Sale Notes
Stabilized investment opportunity producing $408,781 in annual net operating income. Based on a 6.50% capitalization rate, the indicated property value is approximately $6.29M, representing roughly $520.96 per square foot based on 12,072 SF per county tax records. The property is anchored by an investment-grade rated national banking institution and a State of Florida government agency, providing strong credit tenancy and stable long term occupancy within a professionally maintained office building.
The national bank tenant carries investment grade credit ratings, while the government tenant represents lease obligations associated with the State of Florida, which is rated among the strongest state credits in the United States.
4502-Cortez-Rd-W-Bradenton-FL-Building-Photo-2-LargeHighDefinition_cleanup (1)
Property Facts
| Total Building Size | 25,893 SF | Typical Floor Size | 8,631 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Property Subtype | Medical | Lot Size | 2.00 AC |
| Building Class | A | Parking Ratio | 5.02/1,000 SF |
| Floors | 3 | ||
| Zoning | C3, Bradenton - Office | ||
| Total Building Size | 25,893 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 8,631 SF |
| Year Built | 2006 |
| Lot Size | 2.00 AC |
| Parking Ratio | 5.02/1,000 SF |
| Zoning | C3, Bradenton - Office |
Amenities
- 24 Hour Access
- Atrium
- Banking
- Controlled Access
- Property Manager on Site
- Signage
- Air Conditioning
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Florida Department of Children and Families |
99,999 SF SF
|
Jan 0000
|
| BMO |
99,999 SF SF
|
Jan 0000
|
| Centrus Financial Strategies |
99,999 SF SF
|
-
|
| Zion Media |
99,999 SF SF
|
-
|
Presented by
4502 Cortez Rd W - BMO Building
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