2496 Caring Way, Unit B Port Charlotte, FL 33952

This well-maintained Class B building offers 1296 square feet of move-in ready space, freshly painted and cleaned. The single-level structure features a reception area, three offices or dry exam rooms, a conference or procedure room, two ADA restrooms, and a windowed private lounge. 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 AC unit is 5 years old, and the interior has been updated. 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 location is ideal for medical use, given Charlotte County's status as one of the oldest metros in the nation, with a median age of 59 in 2022, where the medical industry accounts for a substantial portion of the tenant base. The property sits on a 0.544-acre lot. There is an increasing demand for office space in metro Charlotte County, which has caused vacancy rates to downward tick with increasing rates. Limited new construction as well as hurricane-damaged unrepaired or demolished buildings in the 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 or sale and the future of structures of Shorepoint and assets will further impact demand and supply. Office using employment and business has grown considerably over the recovery from the past 15 years, seeing also increases in population and housing. The lease includes 4% annual increases and actual annual OPEX.