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Property profile & analytics
FOR LEASE
Community centers

5502 Cortez Rd W Bradenton, FL 34210

122,434 SF 15.42 ac lot Built 1983
Entity Owned Free & Clear
Property ID
US18-3489508
Property summary
AI-generated overview

Cortez Commons, a two-building retail center in Bradenton, Florida, presents a compelling investment opportunity. Located at 5502 Cortez Rd W, this property boasts a prime location at the corner of 59th Street and Cortez Road West, experiencing high traffic volume with a combined 45,800 cars daily. The center offers multiple tenancy options, with a total of 15,900 square feet currently vacant, divisible into spaces ranging from 800 to 8,500 square feet. Five spaces are immediately available, ideal for a variety of retail or restaurant uses. The property underwent renovations in 2022, ensuring modern and attractive spaces for tenants. Its strategic location benefits from significant residential growth potential, with over 10,000 new homes planned within a two-mile radius. Furthermore, Cortez Commons enjoys high visibility across the street from the highest-volume Walmart Supercenter in Southwest Florida, guaranteeing substantial foot traffic and brand recognition. This exceptional location, combined with the available space and recent renovations, makes Cortez Commons an attractive proposition for businesses seeking a thriving retail environment in a rapidly expanding market. The property's address is 5502 Cortez Rd W, Bradenton, FL 34210.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Total area 122,434 SF
Lot 15.42 ac (671,695 SF)
Zoning code BR_SCC
APN 51111.2015-9
UPID US18-3489508
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Toasted Yolk Bradenton Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.98M
Owner & transaction history
Oreilly Automotive Stores INC
Oreilly Automotive Stores INC
since 2025
3 recorded transactions
2025
Price N/A
2020
$5.4M
2005
$8.1M
Zoning & alternative use
BR_SCC · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.8M +62.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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