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100% Occupied Retail Building 3880 Tamiami Trl 5,640 SF 100% Leased Retail Building Port Charlotte, FL 33952 $1,659,749 CAD ($294.28 CAD/SF) 6.07% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% occupied retail building

EXECUTIVE SUMMARY

• Fully occupied, multi-tenant commercial building with high visibility and traffic exposure on US-41.
• The 2005 single-story building is constructed of concrete block, metal trusses and studs.
• Comprised of five units and 5,640± sq. ft. of rentable floor area.
• Parking includes 8 spaces in the front, 15 spaces in the rear of building and a public lot with 8 additional spaces across the street.
• Utilities provided by County central water and sewer systems.
• Located 1.5± miles north of the new 785-room Sunseeker Resort & Convention Center
LOCATION HIGHLIGHTS:
• 1.5± miles to SunSeeker Resort
• 3± miles to Downtown Punta Gorda
• 4.5± miles to I-75
• 6.5± miles to Punta Gorda Airport (PGD)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,640 SF
Building Class
C
Year Built
2005
Price
$1,659,749 CAD
Price Per SF
$294.28 CAD
Cap Rate
6.07%
NOI
$100,747 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.34 AC
Zoning
CG - Charlotte County CG Zoning District
Parking
23 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
150’ on Tamiami

AMENITIES

  • Freeway Visibility
  • Tenant Controlled HVAC

NEARBY MAJOR RETAILERS

Publix
Bob Evans Restaurants
YouFit Gyms
Suncoast Credit Union
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
402223379006
Land Assessment
$285,296 CAD
Improvements Assessment
$817,542 CAD
Total Assessment
$1,102,838 CAD
  • Listing ID: 32876732

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 3880 Tamiami Trl, Port Charlotte, FL 33952

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