Two-Building Storefront
For Sale
Contact for pricing
220/226 South Tamiami Trail, Punta Gorda, FL 33950
Fully occupied retail asset combining a bar and lounge with a national QSR franchise tenant.
Property Size4,480 SF
Price / SF$234.38
Days on Market170
Property Features for 220/226 South Tamiami Trail
General Information
Standard status
Active
Size
4,480 SF
Property subtype
Retail, Land
Zoning
CC City Center
Occupancy
100%
Investment Type
Redevelopment
Additional Details
Cap Rate
6.5%
Building Details
Buildings
2
Units
2
Tenancy
Multi
Listing Agency:
Sperry Commercial Global Affiliates Fort Myers
Listed By:
Theresa Blauch-Mitchell, CCIM · License #FL BK3202944
Source:
Crexi
Added: Apr 30
Changed: Oct 15
Last Checked: Oct 16 at 7:29AM
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 Sperry Commercial Global Affiliates Fort Myers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,480 SF storefront property is configured across two buildings with established occupancy. The larger building contains a 2,550 SF bar and lounge, while a 1,930 SF building is leased to a national QSR franchise. Together, the improvements provide a mix of retail-oriented commercial uses within a single offering.
The property is located at 220/226 South Tamiami Trail in Punta Gorda, Florida, and carries CC City Center zoning. The asset is fully occupied, with both commercial spaces serving as existing income-producing components. The listing reflects a 6.5 CAP and identifies the property as a redevelopment opportunity, although no additional redevelopment details are provided.
The property is located at 220/226 South Tamiami Trail in Punta Gorda, Florida, and carries CC City Center zoning. The asset is fully occupied, with both commercial spaces serving as existing income-producing components. The listing reflects a 6.5 CAP and identifies the property as a redevelopment opportunity, although no additional redevelopment details are provided.
Key Highlights
- 4,480 SF storefront property across two buildings
- 2,550 SF bar and lounge building
- 1,930 SF building occupied by a national QSR franchise
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,694
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,593,880
$1.6M
Cap Rate 7%
$1,138,486
$1.1M
Cap Rate 9%
$885,489
$885.5K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$117.7K $26.28/SF
− Vacancy
−$3.9K −$0.87/SF
EGI
$113.8K $25.41/SF
− OpEx
−$34.2K −$7.62/SF
NOI
$79.7K $17.79/SF
Area
Charlotte County, FL
Vacancy
3.30%
Lease Rate
$26.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,593,880
Cap Rate 7%
$1,138,486
Cap Rate 9%
$885,489
Alternative Uses
Best Use
Retail
$1.14M
$996.2K – $1.33M
NOI $79,694 @ 7.0% cap · market cap 7.59%
Second Best
Specialty Retail
$855.5K
$748.5K – $998.1K
NOI $59,883 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,682 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,619
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33950, FL
24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Charlotte County Flowers — 140 Tamiami Trl, Punta Gorda, FL 33950
Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied retail asset combining a bar and lounge with a national QSR franchise tenant.
Where is this storefront property located?
The property is located at 220/226 South Tamiami Trail Punta Gorda, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 4,480 SF storefront property across two buildings; 2,550 SF bar and lounge building; 1,930 SF building occupied by a national QSR franchise
