AT&T | Net-Leased Investment - Tampa MSA, Florida

1313 Cortez Road W, Bradenton, FL

$4,097,563

Price

6.5%

Cap Rate

5,119 sqft

Building Size

Overview
Cap Rate
6.5%
Building Size
5,119 sqft
Lot Area
0.92 acres
Lease Type
Double Net
Year Last Renovated
2008
Description

Cushman & Wakefield's Retail Investment Advisors are pleased to offer for sale a 5,119 +/- square foot freestanding, retail building located at 1313 Cortez Road W., Bradenton (Tampa MSA), FL 34207. The offering features a double net (NN) lease to New Cingular Wireless PCS, LLC d/b/a AT&T Mobility with a current annual base rent of $266,341.

Highlights
  • Double Net (NN) leased asset at a highly-visible, signalized intersection
  • Prominent out-parcel to 274,398-SF Cortez Plaza, anchored by LA Fitness, Burlington and PetSmart
  • AT&T (S&P: BBB+ / NYSE: T) is the world's largest communications company
  • New Cingular Wireless PCS, LLC is a subsidiary of AT&T Mobility, LLC, the 2nd largest mobile carrier in the U.S.
Documents
Title
AT_T_Bradenton_FL_OM.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery