25495 Rampart BlvdPunta Gorda, FL 33983
- Retail properties
- 28,000 SF
Property Details for 25495 Rampart Blvd
- Year built
- 2024
- Lot size
- 4.00 AC
- Property size (Sq ft)
- 28,000 SF
- Property type
- Retail properties
- Property subtype
- Lifestyle 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
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].