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Kohl's & PetSmart - Port Charlotte, FL 19530 Cochran Blvd 109,509 SF 100% Leased Retail Building Port Charlotte, FL 33948 $18,814,132 CAD ($171.80 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Kohl's was a 97th percentile performer nationally in 2025, and PetSmart was a 95th percentile performer nationally.
- Kohl’s has a significant 10% rental increase in its next option period commencing in early 2028.
- Strategically located in a densely populated, prime retail trade area with 103,963 residents within a 5-mile radius.
- Exceptionally low single-digit Kohl's rent of $7.28 Triple Net (NNN) PSF.
- PetSmart has 7+ years remaining, with a 5% rent bump in June 2028.
- Limited competition with zero other Kohl’s or PetSmart stores within a 26-mile radius of the subject asset.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 109,509 SF Kohl’s & PetSmart located at 19530 - 19600 Cochran Boulevard in Port Charlotte, FL. This offering features a highly attractive low single-digit Kohl’s rent of $7.28 Triple Net (NNN) PSF. Kohl's now has 2.1 years remaining on the current term, with a substantial 10% rent increase scheduled for January 2028. PetSmart further strengthens the stability of the asset with 7.5 years remaining on its lease and a 5% rent increase in June 2028. Kohl's was a 97th percentile performer nationally in 2025, and PetSmart was a 95th percentile performer nationally. Together, these strong credit tenants, favorable lease terms, and built-in rent escalations create an exceptional long-term investment opportunity.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
109,509 SF
Building Class
B
Year Built
2008
Price
$18,814,132 CAD
Price Per SF
$171.80 CAD
Cap Rate
7%
NOI
$1,316,996 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
10.00 AC
Zoning
CG
Parking
100 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
231’ on Cochran Blvd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Energy Star Labeled
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Kohls
- Retailer
- 89,236 SF
- $10.08 CAD
- Triple Net
- Jan 2028
- Petsmart
- Retailer
- 20,273 SF
- $20.57 CAD
- Triple Net
- May 2033
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Kohls | Retailer | 89,236 SF | $10.08 CAD | Triple Net | Jan 2028 | |
| Petsmart | Retailer | 20,273 SF | $20.57 CAD | Triple Net | May 2033 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 402208176001 | Improvements Assessment | $2,652,734 CAD |
| Land Assessment | $1,804,208 CAD | Total Assessment | $4,456,942 CAD |
PROPERTY TAXES
Parcel Number
402208176001
Land Assessment
$1,804,208 CAD
Improvements Assessment
$2,652,734 CAD
Total Assessment
$4,456,942 CAD
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Kohl's & PetSmart - Port Charlotte, FL | 19530 Cochran Blvd
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