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Profitable Strip Mall Investment Opportunity

3231 Tamiami Trail A-G Port Charlotte, FL 33952

3231 Tamiami Trail A-G, Port Charlotte, FL, 33952

$2,200,000

For Sale

$2,200,000

Fully leased strip mall near upcoming downtown development.

Property Size7,000 SF

Lot Size0.65 Acres

Price / SF$314.29

AddedSep 13, 2024

Days on Market671

Last RefreshApr 6 at 1:25 am

Property Features for 3231 Tamiami Trail A-G

General Information

Standard status: Active
Size: 7,000 SF
Lot size: 0.65 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1960

Listing office FIVE STAR REALTY OF CHARLOTTE

Listing date Sep 13, 2024

Source Exitrealty

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 FIVE STAR REALTY OF CHARLOTTE

Investment Insights

Based on property information with market context.

This commercial real estate offers a prime investment opportunity situated on U.S. 41 southbound, benefiting from high visibility and traffic. The property is a well-established strip mall consisting of seven fully leased units, each measuring 1,000 sq. ft., generating consistent rental income. The location is directly across from the planned Promenades at Parkside, a new downtown development expected to feature upscale housing, boutique shops, fine dining, and entertainment venues, potentially enhancing the property's value. The property is located minutes from Charlotte Harbor, positioning it to benefit from increased foot traffic and commercial expansion in the area.

Key Highlights

High‑visibility location on U.S. 41 southbound.
Seven fully leased 1,000 sq. ft. units providing consistent rental income.
Directly across from the Promenades at Parkside development.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$184.0k	$26.28
− Vacancy	−$6.1k	−$0.87
EGI	$177.9k	$25.41
− OpEx	−$53.4k	−$7.62
NOI	$124.5k	$17.79

7,000 SF · lease $26.28/SF/yr · vacancy 3.30% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.78M

$1.56M – $2.08M (±1% cap)

NOI $124,523 @ 7.0% cap · market cap 5.66%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.29M

$2.01M – $2.67M (±1% cap)

NOI $160,440 @ 7.0% cap · market cap 7.29%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dave’s at hair by ... Barber Shop Joseph's Deli Restaurant Charlotte Pharmacy Pharmacy Easy Clippers Barber Shop

Suggested Use

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For sale
Strip malls
FL
Port Charlotte
33952
3231 Tamiami Trail A-G

What type of property is this?

Strip mall - Fully leased strip mall near upcoming downtown development.

Where is this strip mall located?

The property is located at 3231 Tamiami Trail A-G 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: High‑visibility location on U.S. 41 southbound.; Seven fully leased 1,000 sq. ft. units providing consistent rental income.; Directly across from the Promenades at Parkside development.