James H.  Sweat, PA
James H. Sweat, PA, One Sotheby's International RePhone: (941) 306-7384
Email: [email protected]
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listing
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CommercialFor Sale
$5,700,000
19700 Cochran Boulevard
Port Charlotte, FL 33948
Listed by: Corr Commercial Advisors Llc, (941) 740-1215
MLS: Stellar MLS
11,980Sq Ft
Est. Mortgage
$29,522/mo

REMOLDING COMPLETE. This approximately 12,000sf Medical/Office building is FULLY LEASED with medical, real estate and financial tenants. This investment property is being 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 with a ten-year lease at $35.00 per foot with annual escalations. A nearly 2,000,000-dollar renovation to the main part of the building is complete and will now house a primary care medical practice and an urgent care facility. Conveniently located on Cochran Blvd at the hard corner of Peachland and Cochran Blvd, this property offers maximum exposure and easy access.

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Listing provided by Corr Commercial Advisors Llc
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