Port Charlotte Medical Office
17178 TOLEDO BLADE Blvd Port Charlotte, FL 33954
17178 TOLEDO BLADE Blvd, Port Charlotte, FL, 33954
$1,500,000
For Sale
$1,500,000
Medical office building in Port Charlotte, leased to Heartland Dental.
Lot Size0.46 Acres
Days on Market134
Property Features for 17178 TOLEDO BLADE Blvd
General Information
- Standard status
- Active
- Lot size
- 0.46 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing agency
COLDWELL BANKER REALTY
(941) 268-4423
Listed by
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source
Elliman
Added: Mar 10 Updated: Jul 6 at 10:43AM Checked: Jul 21 at 6:55AM
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 REALTY
Investment Insights
Based on property information with market context.
This free-standing medical office building is located on Toledo Blade Blvd in Port Charlotte. The property is currently leased to Heartland Dental. The annual average daily traffic count on Toledo Blade Blvd is 20,000. The location is 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 sign was replaced in 2024. The current lease expires on July 31, 2028, with three renewal terms of five years each. The current gross income is $91,599.72, and the current net income is $72,323.79. Real estate tax and insurance are passed through to the tenant, who also handles the landscaping. Renewal Term 1 includes a 15% increase to $112,669.22 annual rent ($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. This property presents an investor alert with a 4.82% Cap Rate.
Key Highlights
- 4. 82% Cap Rate with a net income of $72,323.79.
- Leased to Heartland Dental, a large and established dental support organization.
- Tenant has renewal options with a 15% rent increase in the first renewal term.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dream Team Dentistry ...
Dental Office
Rachel A. Courson, DMD
Dental Office
Borys Averbukh
Dental Office
Sean R. Bates, ...
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Medical office building in Port Charlotte, leased to Heartland Dental.
Where is this medical office space located?
The property is located at 17178 TOLEDO BLADE Blvd Port Charlotte, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4. 82% Cap Rate with a net income of $72,323.79.; Leased to Heartland Dental, a large and established dental support organization.; Tenant has renewal options with a 15% rent increase in the first renewal term.
