2685 Tamiami TrlPort Charlotte, FL 33952

Property Details for 2685 Tamiami Trl

Year built

1979

Property size (Sq ft)

2,800 SF

Property type

Retail properties

Description

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.

Location Insight

City

Port Charlotte

County

Charlotte

State

Florida

Latitude

26.9909

Longitude

-82.1125

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