For Sale
$625,000

2685 Tamiami TrlPort Charlotte, FL 33952

2800 SF Retail Building, 8.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 2,800 square foot free-standing retail building located at 2685 Tamiami Trl, Port Charlotte, FL 33952. Built in 1979 and extensively renovated in 2022, the property boasts a strong 8.5% cap rate and a current Net Operating Income (NOI) of $53,469. The building is currently 100% occupied with a three-year remaining lease term, providing immediate cash flow and stability. Recent upgrades include a new roof, air conditioning system, electrical work, and interior improvements. Zoned Commercial General, this versatile property offers diverse retail possibilities within a thriving Port Charlotte market. The property's prime location ensures high visibility and accessibility. A motivated seller is ready to negotiate, making this an attractive opportunity for investors seeking a strong return on investment in a stable market. This is a turnkey operation with significant upside potential. The building's solid construction and recent renovations minimize future capital expenditure needs. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable location.

Highlights

  • Exceptional investment opportunity in Port Charlotte, FL.
  • 2022 renovations include new roof, AC, electrical, and interior upgrades.
  • Commercial General zoning allows for diverse retail uses.
  • Strong 8.5% cap rate with $53,469 annual NOI.
  • Three-year lease provides immediate cash flow and stability.
  • Motivated seller.

Property Details for 2685 Tamiami Trl

Property type
Retail properties
Square Feet
2,800 SF
Year Built/Renovated
1979/2022

Location Insight

City
Port Charlotte
County
Charlotte
State
Florida
Latitude
26.9908617
Longitude
-82.1124625
2685 Tamiami Trl, Port Charlotte, Florida

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2685 Tamiami Trl
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