19700 Cochran Blvd Port Charlotte, FL 33948

This approximately 12,000 square foot medical/office building has been completely remodeled and is fully leased with tenants from the medical, real estate, and financial sectors. The 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 per square foot with annual escalations. A substantial renovation costing nearly $2 million has been completed on the main section of the building. This renovated space will house a primary care medical practice and an urgent care facility, enhancing the building's value and appeal. Located on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This location is ideal for attracting both foot traffic and patients who require urgent and primary care services.