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    5202 Cortez Rd Bradenton, FL 34210

    For Sale
    $1,365,000

    Net Lease Auto Shop Investment

    Property size:
    1,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 1,820 square foot, free-standing Take 5 Oil Change located at 5202 Cortez Rd W, Bradenton, FL 34210. The property sits on a 0.65-acre lot and boasts excellent frontage and exposure on Cortez Road, a major retail corridor with 55,000 vehicles passing daily. Built in 1989, this single-story building is zoned C3 and operates under a corporate-guaranteed, absolute NNN lease with Take 5 Oil Change, a company with over 520 locations. The current lease, commenced May 1, 2015, has a remaining term of 5 years with one 5-year option at a 9% rent increase. The property generates a strong net operating income (NOI) of $70,290, resulting in a 5.15% cap rate. The asking price is $1,365,000. This is a low-maintenance, passive income investment in a high-traffic area with a substantial population density (13,940 within 1 mile, 88,807 within 3 miles, and 168,539 within 5 miles). The property was previously a Havoline Xpress location and has been re-imaged to the current Take 5 Oil Change concept. Florida's tax-advantaged environment further enhances this compelling investment. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential.

    Property Features for 5202 Cortez Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    1,820 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    HighLights

    • Corporate‑guaranteed lease with Take 5 Oil Change, a company with 520+ locations.
    • Excellent visibility and high traffic count on Cortez Road (55,000 vehicles per day).
    • NNN lease; zero landlord responsibilities.
    • Located in Florida, a state with no income tax.
    • High population density: 13,940 within 1 mile, 88,807 within 3 miles, and 168,539 within 5 miles.
    • 1,820 square foot free‑standing building on a 0.65‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Take 5 Oil ... Oil Change Service Florida Quick Lubes Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.614064
    Latitude
    27.4628337

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    FAQs

    What type of property is this?
    Automotive property - Net Lease Auto Shop Investment
    Where is this automotive property located?
    The property is located at 5202 Cortez Rd Bradenton, FL.
    What is the asking price?
    The asking price for this property is $1,365,000.
    What are key features of this property?
    This property features: Corporate-guaranteed lease with Take 5 Oil Change, a company with 520+ locations.; Excellent visibility and high traffic count on Cortez Road (55,000 vehicles per day).; NNN lease; zero landlord responsibilities.
    Request Owner's contact information
    5202 Cortez Rd Bradenton, FL 34210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5202 Cortez Rd Bradenton, FL 34210
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