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17178 Toledo Blade Blvd 3,335 SF Office Building Port Charlotte, FL 33954 $2,064,795 CAD ($619.13 CAD/SF) 4.82% Cap Rate
Executive Summary
The current lease in place expires July 31, 2028. Tenant has three (3) renewal terms of five (5) years each in duration.
The current gross income is $91,599.72 and the current net income is $72,323.79. Real estate tax + insurance are passed through to the tenant, and the tenant handles the landscaping.
Renewal Term 1 is a 15% increase at $112,669.22 annual rent ($33.79 PSF) for years 6-10. Renewal Term 2 and 3 to be negotiated at Fair Market Value. Tenant has the Right of First Refusal.
Heartland Dental has 1,700+ supported offices and 2,800+ supported doctors across 38 states and they employ over 20,000 team members.
Call Kayla Weiss-Bohnstedt with any questions or to schedule a showing 941-268-4423. Do not disturb tenant.
The current gross income is $91,599.72 and the current net income is $72,323.79. Real estate tax + insurance are passed through to the tenant, and the tenant handles the landscaping.
Renewal Term 1 is a 15% increase at $112,669.22 annual rent ($33.79 PSF) for years 6-10. Renewal Term 2 and 3 to be negotiated at Fair Market Value. Tenant has the Right of First Refusal.
Heartland Dental has 1,700+ supported offices and 2,800+ supported doctors across 38 states and they employ over 20,000 team members.
Call Kayla Weiss-Bohnstedt with any questions or to schedule a showing 941-268-4423. Do not disturb tenant.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,335 SF
Building Class
B
Year Built
2005
Price
$2,064,795 CAD
Price Per SF
$619.13 CAD
Cap Rate
4.82%
NOI
$99,556 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,335 SF
Slab To Slab
14’
Building FAR
0.17
Lot Size
0.46 AC
Zoning
CG - Commercial
Parking
24 Spaces (7.2 Spaces per 1,000 SF Leased)
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 402101408004 | Improvements Assessment | $542,862 CAD |
| Land Assessment | $165,111 CAD | Total Assessment | $707,974 CAD |
Property Taxes
Parcel Number
402101408004
Land Assessment
$165,111 CAD
Improvements Assessment
$542,862 CAD
Total Assessment
$707,974 CAD
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17178 Toledo Blade Blvd
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