Updated Sep 4, 2026
Daniel Corp Acquires Medical Office Buildings On Cortez Road In Bradenton For $8.35M
4351 Cortez Road West & 4401 Cortez Road West
$8,350,000
$360/SF
Building Size
23,158 SF
Asset Type
Medical Office
Closing
Sep 2, 2026
About this deal
AI
The transaction involved the sale of two medical office buildings located at 4351 & 4401 Cortez Road West in Bradenton, FL. The properties, encompassing a total of 23,158 square feet and situated on 4.2 acres, were sold for $8,350,000, which equates to approximately $361 per square foot.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $8,350,000
- Square Footage: 23,158 SF
- Address: 4351 & 4401 Cortez Road West
- Market: Bradenton, FL
- PPSF: $361
- Buyer: Daniel Corp.
- Seller: Zinnia Center VI
- Brokers: Matt Fenske & Tony Veldkamp ~ SVN
Daniel Corp.-linked Cortez Road Bradenton LLC acquired the properties from Zinnia Center VI. These fully leased buildings are anchored by MaxHealth. The sale represents a 72% increase over the seller’s original purchase price of $4.86 million in 2021.
Players
Cortez Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.90%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93