Drive-Through Restaurant
For Sale
$2,200,000
1152 TAMIAMI TRL, Port Charlotte, FL 33953
Single-tenant restaurant with an existing drive-through system and on-site parking.
Property Size5,924 SF
Days on Market63
Property Features for 1152 TAMIAMI TRL
General Information
Standard status
Active
Size
5,924 SF
Property subtype
Restaurant
Additional Details
Drive-Thru
Yes
Taxes and HOA fees
Annual Taxes
$24,931
Building Details
Building Size
5,924 SF
Year Built
1999
Tenancy
Single
Listing Agency:
COLDWELL BANKER SUNSTAR REALTY
Listed By:
Alfredo Sanchez · License #3384437
(941) 627-3321
Source:
Nixandassociates
Added: Aug 10
Changed: Oct 3
Last Checked: Oct 11 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER SUNSTAR REALTY
Investment Insights
Based on property information with market context.
Built in 1999, this 5,914-square-foot single-tenant restaurant property includes an established drive-through system and more than 55 parking spaces. The site previously operated as Sonny’s BBQ, a family restaurant, and the improvements can support restaurant-oriented reuse or conversion to a sports bar, entertainment club, automobile sales operation, or automobile service use.
The property is located at 1152 South Tamiami Trail in Port Charlotte, across the road from Westport, a development planned with over 3,500 new homes and apartments. CG zoning is in place, providing the designated land-use framework for evaluating future occupancy and reuse.
The property is located at 1152 South Tamiami Trail in Port Charlotte, across the road from Westport, a development planned with over 3,500 new homes and apartments. CG zoning is in place, providing the designated land-use framework for evaluating future occupancy and reuse.
Key Highlights
- 5,914‑square‑foot restaurant property built in 1999
- Existing drive‑through system with more than 55 parking spaces
- Single‑tenant property with prior family restaurant use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,185
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,700
$1.6M
Cap Rate 7%
$1,131,214
$1.1M
Cap Rate 9%
$879,833
$879.8K
Market Conditions
NOI Build-Up for 5,924 SF
Gross rent
$112.3K $18.96/SF
− Vacancy
−$6.7K −$1.14/SF
EGI
$105.6K $17.82/SF
− OpEx
−$26.4K −$4.46/SF
NOI
$79.2K $13.37/SF
Area
Charlotte County, FL
Vacancy
6.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,700
Cap Rate 7%
$1,131,214
Cap Rate 9%
$879,833
Alternative Uses
Best Use
Specialty Retail
$1.13M
$989.8K – $1.32M
NOI $79,185 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M
NOI $135,778 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
256k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Apparel 24%
Shops & Services 18%
Electronics 10%
Marshalls
Apparel
37,735 visits/mo
0.4 miles
Best Buy
Electronics
26,286 visits/mo
0.3 miles
Michaels
Shops & Services
25,562 visits/mo
0.3 miles
Aldi
Groceries
25,534 visits/mo
0.5 miles
JCPenney
Apparel
22,414 visits/mo
0.5 miles
Demographics for 33953, FL
6,882
Population
4,339
Households
1.6
Avg Household Size
64
Median Age
31%
College-Educated
97%
High-School Grad
16.1 sq mi
ZIP Area
427
Density / Sq Mi
$77,227
Median Household Income
$33,257
Median Earnings
$1,817
Median Rent
$332,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant restaurant with an existing drive-through system and on-site parking.
Where is this conventional restaurant located?
The property is located at 1152 TAMIAMI TRL Port Charlotte, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 5,914‑square‑foot restaurant property built in 1999; Existing drive‑through system with more than 55 parking spaces; Single‑tenant property with prior family restaurant use
