Single-Tenant Credit Union
For Sale
Contact for pricing
Pending
1600 Tamiami Trail, Port Charlotte, FL 33948
Credit union occupies the first floor, with second-floor space scheduled to be vacated in January 2022.
Days on Market108
Property Features for 1600 Tamiami Trail
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Colliers - Orlando, Florida
Listed By:
Michael Brewster · License #SL3280018
Source:
Crexi
Added: Apr 14
Changed: Jul 22
Last Checked: Jul 30 at 4:41PM
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 Colliers - Orlando, Florida
Investment Insights
Based on property information with market context.
This sale-leaseback offering features a single-tenant credit union building with floridacentral Credit Union occupying the first floor. The arrangement includes a current first-floor lease, with floridacentral Credit Union expected to sign a 7-year lease for their space at close of escrow.
The second-floor space is currently occupied by a government tenant and is scheduled to be vacated in January 2022, creating an opportunity for post-vacancy utilization of that upper level.
Floridacentral Credit Union is described as serving more than 53,000 members and more than 1,000 select employer groups, with 12 west-central Florida branches. As of Q1 2021, the credit union reported $569 million in deposits and 20.9% deposit growth since Q1 2020.
The second-floor space is currently occupied by a government tenant and is scheduled to be vacated in January 2022, creating an opportunity for post-vacancy utilization of that upper level.
Floridacentral Credit Union is described as serving more than 53,000 members and more than 1,000 select employer groups, with 12 west-central Florida branches. As of Q1 2021, the credit union reported $569 million in deposits and 20.9% deposit growth since Q1 2020.
Key Highlights
- Single‑tenant sale‑leaseback: floridacentral Credit Union occupies the first floor.
- Second‑floor space is scheduled to be vacated by a government tenant in January 2022.
- floridacentral Credit Union will sign a 7‑year lease for the current first‑floor space at close of escrow.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,659
Businesses Nearby
Explore this area
Business Placement
Demographics for 33948, FL
17,190
Population
9,297
Households
1.8
Avg Household Size
57
Median Age
20%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
1,322
Density / Sq Mi
$60,788
Median Household Income
$33,979
Median Earnings
$1,384
Median Rent
$279,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Bank - Credit union occupies the first floor, with second-floor space scheduled to be vacated in January 2022.
Where is this bank located?
The property is located at 1600 Tamiami Trail Port Charlotte, FL.
What are key features of this property?
This property features: Single‑tenant sale‑leaseback: floridacentral Credit Union occupies the first floor.; Second‑floor space is scheduled to be vacated by a government tenant in January 2022.; floridacentral Credit Union will sign a 7‑year lease for the current first‑floor space at close of escrow.
