Matthews™ is pleased to present 4427 53rd Avenue East, a premier single-tenant retail asset located in the rapidly growing market of Bradenton, Florida. The property is corporately guaranteed by Cookies, a globally recognized cannabis brand with over 70 retail locations across the U.S., Canada, and Europe. Situated on a +1.02-acre parcel at a hard signalized intersection along State Road 70—a major east–west corridor with traffic counts exceeding ±72,400 (combined) vehicles per day—the site benefits
from exceptional visibility and access.
The asset is secured by an Absolute NNN lease with over ±8.5 years remaining on the base term and two five-year renewal options, each featuring 2.00% annual rental increases. This structure offers investors a true passive income opportunity with built-in inflation protection and long-term cash flow growth. Approximately $600,000 has been invested into the property’s buildout and renovations, further reinforcing the tenant’s commitment to the location and enhancing long-term asset value.
Positioned within a thriving retail corridor, the property is surrounded by national brands such as Walmart, Publix, Wawa, Aldi, CVS, TD Bank, and Firestone, providing strong consumer synergy and foot traffic. Manatee County has experienced significant population growth—adding nearly 60,000 new residents since 2020—fueling retail demand and supporting future rental and value appreciation. This offering represents a rare opportunity to acquire a fully stabilized, passive net lease investment with a proven operator, strong underlying real estate fundamentals, and long-term upside in one of Florida’s fastest-growing markets.