1420 Cortez Rd | Bradenton, FL 34207
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- LoopNet Team
1420 Cortez Rd
Bradenton, FL 34207
KFC · Retail Property For Sale
Investment Highlights
- 20-Year Triple Net (NNN) Lease with More Than 17 Years Remaining on Base Term
- Two, Five-Year Renewal Options with Five Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
- KBP Foods Owns and Operates 720 Locations Including KFC, Taco Bell and Long John Silver’s Concepts
- Property was Remodeled in 2020 with a Brand New Interior
- KFC’s Parent Company is Yum! Brands, Inc., the World’s Largest Restaurant Company in Terms of System Restaurants, with More Than 50,000 Locations in 1
- Outparcel to Centre Point Commons, with Retailers Including Lowe’s, Dick’s Sporting Goods, Best Buy, Rooms To Go, Office Depot, Vitamin Shoppe
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,338 SF
Building Class
B
Year Built/Renovated
1988/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.57 AC
Zoning
GC
Frontage
95 FT on Cortez Road West
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 49098-0000-7 | Improvements Assessment | $299,556 |
| Land Assessment | $358,513 | Total Assessment | $658,069 |
PROPERTY TAXES
Parcel Number
49098-0000-7
Land Assessment
$358,513
Improvements Assessment
$299,556
Total Assessment
$658,069
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