For Sale
$14,561,000

4265 Tamiami TrlPort Charlotte, FL 33952

Florida Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 55,160 square foot shopping center in Port Charlotte, Florida, presents a compelling investment opportunity. Boasting a 6.50% cap rate and a strong 97% occupancy, the property features 18 tenants, including Dollar General, West Marine, Pet Supermarket, ArchWell, and Seven Brew. The center benefits from a prime location on Tamiami Trail (US 41), a major thoroughfare, with high daily traffic counts exceeding 48,700 vehicles. Its strategic positioning near the new Sunseeker Resort and Punta Gorda Airport further enhances its appeal. The property is a single-story, fee-simple ownership, NNN-leased asset with credit-rated tenants and corporate guarantees, offering built-in rent bumps and staggered lease expirations over ten years. The recent complete remodel showcases a Class A aesthetic, including building, façade, signage, and pylon sign upgrades. The 6.94-acre lot provides ample parking for 267 vehicles. This Publix shadow-anchored center offers a diversified tenant mix, making it a resilient and attractive investment in a rapidly growing market – Charlotte County, ranked fourth in Florida for population growth since 2020. The property's below-market rents provide significant upside potential for the astute investor. The permitted zoning is CG. The Net Operating Income (NOI) is $946,474. The asking price is $14,561,000.

Highlights

  • $14,561,000 asking price for a stabilized, NNN-leased shopping center with a 6.50% cap rate and $946,474 NOI.
  • Publix-shadow anchored, high-traffic location (48,700+ average daily traffic) at a signalized intersection.
  • Recently remodeled Class A asset with 18 tenants, including national brands like Dollar General and West Marine, offering recession-resistant businesses; 97% occupancy.
  • Located in rapidly growing Charlotte County, FL (ranked #4 in Florida for population growth since 2020), on US 41 (Tamiami Trail), a major thoroughfare.
  • Proximity to the $720M Sunseeker Resort and Punta Gorda Airport, enhancing property value and attracting customers.

Property Details for 4265 Tamiami Trl

Property type
Lifestyle centers, Power centers
Square Feet
55,160 SF
Stories
1
Lot Size (sq. ft)
302,306 SF

Location Insight

City
Port Charlotte
County
Charlotte
State
Florida
Latitude
26.967168351128
Longitude
-82.079859109168
4265 Tamiami Trl, Port Charlotte, Florida

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4265 Tamiami Trl
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