23330 Harbor View RdPunta Gorda, FL 33980

Property Details for 23330 Harbor View Rd

Lot size

1.25 AC

Property size (Sq ft)

14,080 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional 14,080 square foot retail property, located at 23330 Harbor View Rd, Port Charlotte, FL 33980, presents a lucrative investment opportunity. Currently occupied by a 100% leased mattress store, the property boasts a strong 7.90% cap rate and a pro-forma cap rate of 7.95%, generating a pro-forma NOI of $337,920. The building, constructed in 2016 and renovated in 2016, sits on a 1.25-acre lot with direct Harborview frontage. The property is zoned CG and features a Class B building with one unit. The asking price is $4,249,990, translating to $301.85 per square foot. The lease is a NNN type, with a multi-tenant occupancy and zero years remaining on the current lease. This versatile property is suitable for various retail uses, including auto shops and shopping centers, offering significant potential for future growth and income. The property's recent roof replacement adds to its value and reduces immediate maintenance concerns. This is a rare opportunity to acquire a high-performing retail asset in a desirable location.

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.966

Longitude

-82.0637

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