17178 Toledo Blade Blvd Port Charlotte, FL 33954

This free-standing medical office building is located on Toledo Blade Blvd in Port Charlotte. The property is currently leased to Heartland Dental. The location benefits from an annual average daily traffic count of 20,000 on Toledo Blade Blvd. It is situated less than 0.3 miles from Tamiami Trail and less than 6 miles from I-75. The roof was replaced on April 6, 2022, and the commercial sign was replaced in 2024. The current lease expires on July 31, 2028, and includes three renewal terms of five years each. The current gross income is $93,942.24, with a current net income of $76,578.41. Real estate tax and insurance are passed through to the tenant, who is also responsible for landscaping. The first renewal term includes a 15% increase, resulting in an annual rent of $112,669.22 ($33.79 PSF) for years 6-10. Renewal terms 2 and 3 are to be negotiated at Fair Market Value. The tenant has the Right of First Refusal. Heartland Dental supports over 1,700 offices and 2,800 doctors across 38 states and employs over 20,000 team members.