901 Cortez W Rd Bradenton, FL 34207-1435
This exceptional investment opportunity presents a brand-new, 23,448-square-foot Starbucks located at 901 Cortez Rd W, Bradenton, FL 34207. The property boasts a 10-year net lease with Starbucks Corporation, commencing January 2025, and featuring six 5-year renewal options with 10% rent increases at the start of each. The annual base rent is $165,000, increasing by 10% in year six. This strategically positioned outparcel within the 274,398-square-foot Cortez Plaza enjoys excellent visibility and access on Cortez Road (42,000 vehicles per day), benefiting from strong co-tenancy with Sprouts, LA Fitness, Burlington, and PetSmart. The property, built in 2024, offers a 5.55% cap rate and a price per square foot of $126.79. The asking price is $2,972,973. Situated in a densely populated area (102,130 residents within a 3-mile radius), this investment benefits from Florida's favorable tax environment and minimal landlord responsibilities. The property is free of any encumbrances. This is a turnkey investment with significant long-term growth potential. The 2,661+/- square-foot building includes a drive-thru.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Bradenton, FLBradenton. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.