1720 Cortez Rd Bradenton, FL 34207

Building Details

Year Built

1957

Listing agency j***@franklinst.com Show Phone

Listed by Jason Donald

Source Franklinst

Added: Apr 1 Updated: Jul 10 at 3:56PM Checked: Jul 10 at 3:56PM

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Investment Insights

Based on property information with market context.

The property is a freestanding retail building that was newly renovated in 2024. It is located on Cortez Road, which has a traffic volume of 54,500 vehicles per day. The property is under a 10-year absolute NNN lease with zero landlord obligations, and includes 3% annual rent increases and two extension options. The surrounding trade area has over 121,000 residents and 48,386 employees within a 3-mile radius. The location is near national retailers and high-traffic shopping centers, including Publix, Lowe’s, and Cortez Plaza. The tenant, Trulieve, is publicly traded. The North Port–Sarasota–Bradenton MSA is experiencing rapid growth supported by healthcare, advanced manufacturing, logistics, and a robust education sector. The property is positioned for long-term stability and strong passive income. Multiple major developments, including downtown revitalization initiatives and master-planned community expansions, further reinforce long-term demand and future appreciation potential. This Trulieve property delivers a resilient, inflation-protected, low-maintenance investment ideal for 1031 buyers and long-term holders.

Key Highlights

• Absolute NNN lease with zero landlord obligations, providing passive income.
• Brand‑new 2024 renovation of a freestanding retail building.
• Strong tenant credit: Trulieve (TCNNF), a publicly traded company.

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FAQs

What type of property is this?

Drug store - Newly renovated retail building with a long-term NNN lease.

Where is this drug store located?

The property is located at 1720 Cortez Rd Bradenton, FL.

What are key features of this property?

This property features: Absolute NNN lease with zero landlord obligations, providing passive income.; Brand‑new 2024 renovation of a freestanding retail building.; Strong tenant credit: Trulieve (TCNNF), a publicly traded company.