For Sale
$625,000

2685 Tamiami Trl Port Charlotte, FL 33952

2800 SF Retail Building, 8.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
137
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

FAQs

What type of property is this?
Retail property - 2800 SF Retail Building, 8.5% Cap Rate
Where is the retail property located?
The property is located at 2685 Tamiami Trl Port Charlotte, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2685 Tamiami Trl
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