$5,250,000 • living size area 11980 sqft
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.19700 COCHRAN, PORT CHARLOTTE, FL 33948
Commercial - HOME DEPOT COMM L PARK for Sale
19700 COCHRAN, PORT CHARLOTTE, FL 33948Asking Price$5,250,000 Change Price$450,000
- Living 11980sqft
- Lot size 61150sqft
- Taxes: Register to see
- Year Built 2006
-
Days on market:
145 day(s) Original Price:
$5,700,000-
Price per sqft:
$438.23 Tax Legal Description:
HDP 000 0000 0002 HOME DEPOT COMM L PARK LT 2 1.4038 AC. M/L 2239/1288 RES2461/1642 2492/1715 4937/1921 3366212Tax Year:
2024-
MLS:
C7508429 -
Property Type:
Commercial
Construction Type:
BlockCooling Description:
Central AirSpecial Listing Conditions:
None