Wildewood Property Group LLC Acquires 10-Building Office Portfolio In Bradenton For $7.5M
3639 Cortez Road West
$7,500,000
$99/SF
Building Size
75,564 SF
Asset Type
Office
Closing
Sep 11, 2026
About this deal
AI
An office property portfolio located at 3639 Cortez Road West in Bradenton, FL, was sold for $7,500,000. The asset spans 75,564 square feet on an 8.17-acre site. At the time of the transaction, the portfolio was 93% occupied, housing a combination of professional and medical office tenants.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,500,000
- Square Footage: 75,564
- Price Per Square Foot: $99
- Address: 3639 Cortez Road West
- Market: Bradenton, FL
- Acres: 8.17
- Buyer: Wildewood Property Group LLC
- Broker Representatives: Tony Veldkamp & Matt Fenske - SVN Commercial Advisory Group
The deal was facilitated by Tony Veldkamp and Matt Fenske, who represented Wildewood Property Group LLC in the acquisition of the 10-building office portfolio at Wildewood Professional Park.
Players
Cortez Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93