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Beautiful, single-tenant 20,806 +/- square foot office building on 3.7 +/- acres in a park-like settingrnwithin Wildewood Professional Park. Wildewood is a premier 12-building office park that stays wellrnabove 95% occupancy. National Credit, publicly-traded Tenant (NASDAQ) VERISK has been locatedrnhere for eight years. The current lease term goes until September 2025 with one five-year renewalrnoption. At the renewal the rents are adjusted to market rate providing huge upside as current rent isrn25% below market in this very tight office market with less than 5% vacancy! So while this is a greatrnNNN investment currently, it is also value-add with the increasing rents either with the currentrntenant or new future tenant.rnWildewood Office Park is very centrally located on the Cortez Road commercial corridor with easyrnaccess to downtown Bradenton, downtown Sarasota, I-75, Lakewood Ranch and the beaches ofrnAnna Maria Island. This is a freestanding, NNN leased building sitting on it’s own 3.7 +/- acre parcelrnwith cross access and cross parking easements with the other buildings within Wildewood. Thernbuilding has recently been painted, re-landscaped, and the parking lot has been replaced.
3647 CORTEZ ROAD W, BRADENTON, Florida 34210
3647 CORTEZ ROAD W, BRADENTON, Florida 34210
