25495 Rampart BlvdPunta Gorda, FL 33983

Property Details for 25495 Rampart Blvd

Year built

2024

Lot size

4.00 AC

Property size (Sq ft)

28,000 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a brand-new, 28,000-square-foot shopping center in Punta Gorda, Florida. Located at 25495 Rampart Blvd, this property boasts 12 units across four single-story buildings situated on a four-acre lot. Currently vacant, this Net Leased (NNN) shopping center offers significant upside potential. Projected gross rental income is close to $4.9 million when fully leased, based on anticipated lease rates: eight retail units at $20 per square foot, two restaurant units at $30 per square foot, and two outparcels at $40 per square foot (all plus CAM). Lease terms vary, ranging from three-year leases with two-year options to ten-year leases with ten-year options. Architectural plans are 85% complete, and the site plan is nearing completion for Charlotte County approval. The sale will be finalized upon building permit completion, with an estimated four to six months until the property is "shovel ready." The property is zoned Commercial - Retail and features flexible unit sizes, ideal for a variety of retail and restaurant tenants. The asking price is $1,000,000, translating to $35.71 per square foot of net rentable area (26,180 sq ft). This is a rare chance to acquire a modern, strategically located retail center in a growing market. Projected occupancy date is January 30, 2025.

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

27.0026

Longitude

-82.0253

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