19700 Cochran Boulevard, PORT CHARLOTTE, FL 33948
Contact Broker IDX Sites Inc.
Schedule A Showing
Request more information
- MLS#: C7508429 ( Commercial Sale )
- Street Address: 19700 Cochran Boulevard
- Viewed: 48
- Price: $5,700,000
- Price sqft: $451
- Waterfront: No
- Year Built: 2006
- Bldg sqft: 12645
- Days On Market: 81
- Additional Information
- Geolocation: 27.0159 / -82.1343
- County: CHARLOTTE
- City: PORT CHARLOTTE
- Zipcode: 33948
- Subdivision: Home Depot Comm L Park
- Provided by: CORR COMMERCIAL ADVISORS LLC
- Contact: Howard Corr
- 941-740-1215
- DMCA Notice
-
DescriptionThis approximately 12,000 SF Medical/Office building has undergone a complete remodeling and is now fully leased with tenants from the medical, real estate, and financial sectors. This prime investment property is offered with new leases at higher than market rents and is trading at nearly a 7% cap rate. The majority of the building will be occupied by the seller under a ten year lease agreement at $35.00/SF with annual escalations. A substantial renovation costing nearly $2 million has been completed on the main section of the building. This renovated space will now house a primary care medical practice and an urgent care facility, enhancing the building's value and appeal. Located conveniently on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This strategic location is ideal for attracting both foot traffic and patients who require urgent and primary care services.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- HDP 000 0000 0002 HOME DEPOT COMM L PARK LT 2 1.4038 AC. M/L 2239/1288 RES2461/1642 2492/1715 4937/1921 3366212
Living Area
- 11980.00
Area Major
- 33948 - Port Charlotte
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 402208127002
Property Type
- Commercial Sale
Road Frontage Type
- Divided Highway
Tax Year
- 2024
Township
- 40S
Views
- 48
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/C7508429
Year Built
- 2006
Zoning Code
- IG