2496 CARING Way Port Charlotte, FL 33952

This well-maintained Class B building offers 1296 square feet of commercial space, suitable for medical office use. The updated interior features a reception area, three offices or dry exam rooms, a conference or procedure room, and two ADA-compliant restrooms. A windowed private lounge is also included. The unit has been freshly painted and cleaned, making it ready for immediate occupancy. The property includes nine dedicated parking spaces with a ratio of 1 per 157.42 square feet, accessed via a treed canopy off Brinson Avenue. The air conditioning unit is 5 years old. Located in the heart of the Parkside Medical District in Port Charlotte, the property is within walking distance of Fawcett Memorial Hospital, ShorePoint Hospital Port Charlotte, and Promenade Mall. The property is situated on a 0.54-acre lot. The increasing demand for office space in metro Charlotte County has caused vacancy rates to decrease with increasing rates. Limited new construction as well as hurricane damaged unrepaired or demolished in commercial district in general has placed slight supply side pressure on the market still offset by the corporate medicine investments and growth in this county. Anticipation of transfer/sale and future of structures of Shorepoint and assets will further impact of demand and supply. Office using employment and business has grown considerably over the recovery from past 15 years, seeing also increases on population and housing. Charlotte County's status as one of the oldest metros in the nation, with median age of 59 in 2022, the medical industry accounts for a substantial portion of tenant base. Annual increases of 4% and actual annual OPEX apply.