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$5,250,000
Est. pago /mo
11,980 SqFt
Price Dropped by $450K
19700 COCHRAN BLVD Port Charlotte, FL 33948
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 11,980 sqft
Price per Sqft $438
Subdivision Home Depot Comm L Park
MLS Listing ID C7508429
HOA Y/N No
Year Built 2006
Annual Tax Amount $31,400
Lot Size 1.400 Acres
Acres 1.4
Property Sub-Type Office
Source Stellar MLS
Descripción de la propiedad
PRICE REDUCTION!! This approximately 12,000 SF Medical/Office building has undergone a complete remodeling and is now fully leased with tenants from the medical, real estate, and financial sectors. This prime investment property is offered with new leases at higher than market rents and is trading at nearly a 7% cap rate. The majority of the building will be occupied by the seller under a ten-year lease agreement at $35.00/SF with annual escalations. A substantial renovation costing nearly $2 million has been completed on the main section of the building. This renovated space will now house a primary care medical practice and an urgent care facility, enhancing the building's value and appeal.
Located conveniently on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This strategic location is ideal for attracting both foot traffic and patients who require urgent and primary care services.
Located conveniently on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This strategic location is ideal for attracting both foot traffic and patients who require urgent and primary care services.
Location
State FL
County Charlotte
Community Home Depot Comm L Park
Area 33948 - Port Charlotte
Zoning IG
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Block
New Construction false
Others
Ownership Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7508429
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Listed by CORR COMMERCIAL ADVISORS LLC