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Retail Shopping Center on High-Traffic Road
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845 Cortez Rd. W, Bradenton, FL 34207

Cortez Plaza East is a 176,164 SF retail center with 85% occupancy anchored by multiple national big-box tenants.

Property Size176,164 SF
Days on Market122

Property Features for 845 Cortez Rd. W

General Information

Standard status Active
Size 176,164 SF
Property subtype Retail
Occupancy 85%

Additional Details

Traffic Count 50,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Franklin Street Atlanta
Listed By: Bryan Belk · License #FL SL3014773
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Franklin Street Atlanta

Investment Insights

Based on property information with market context.

Cortez Plaza East, a 176,164 SF retail shopping center, is currently 85% leased and includes national big-box tenants such as Ross Dress For Less, Michael’s, Bed Bath & Beyond, Party City, Five Below, and Dollar Tree, among others. Several spaces are structured through subleases, including Michael’s and Bed Bath & Beyond from SM Newco. The property also features an outparcel building with a signed lease with Twistee Treat, as well as an additional pad to the side of the property that could be developed as office or a small multifamily project.

The center is located on heavily traveled Cortez Road, which is described as carrying over 50,000 VPD. The surrounding submarket includes other major retail centers that generate daily retail trips, including Desoto Square Mall, Cortez Plaza, Centre Pointe Commons, and Lakeside Plaza.

Within the center, Bed Bath & Beyond and Michael’s are reported as paying $6.50 PSF, while the Service Merchandise lease to the owner is reported at $4.29 PSF, providing potential for upside where options allow.

Key Highlights

  • 176,164 SF retail center in Bradenton, FL
  • 85% leased with national big‑box tenants including Ross Dress For Less, Michael’s, Bed Bath & Beyond, Party City, Five Below, and Dollar Tree
  • Location on heavily traveled Cortez Road with over 50,000 VPD

Property Analytics

Current Use

Party City Party Supply Store

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,000 VPD
Traffic count
85%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby
211k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Home Improvements & Furnishings 31% Dining 27%
The Home Depot Home Improvements & Furnishings
63,820 visits/mo 0.3 miles
Wawa Shops & Services
50,721 visits/mo 0.2 miles
Carrabba's Italian Grill Dining
17,901 visits/mo 0.4 miles
Cracker Barrel Old Country Store Dining
17,867 visits/mo 0.3 miles
Bank of America Shops & Services
12,119 visits/mo 0.5 miles

Demographics for 34207, FL

35,281
Population
19,411
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
5,690
Density / Sq Mi
$49,162
Median Household Income
$33,035
Median Earnings
$1,270
Median Rent
$122,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Cortez Plaza East is a 176,164 SF retail center with 85% occupancy anchored by multiple national big-box tenants.
Where is this shopping center located?
The property is located at 845 Cortez Rd. W Bradenton, FL.
What are key features of this property?
This property features: 176,164 SF retail center in Bradenton, FL; 85% leased with national big‑box tenants including Ross Dress For Less, Michael’s, Bed Bath & Beyond, Party City, Five Below, and Dollar Tree; Location on heavily traveled Cortez Road with over 50,000 VPD
(404) 842-1755 Call to check price and availability
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