24420 SANDHILL Blvd Punta Gorda, FL 33983

Building Details

Year Built

2005

Listing agency Peace River Partners Realty d***@gmail.com Show Phone

Listed by Danny Nix · License #3307013 Show Phone

Source Elliman

Added: Jul 19 Updated: Jul 20 at 5:23AM Checked: Jul 21 at 8:55AM

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Investment Insights

Based on property information with market context.

Sandhill Commons is a well-maintained multi-tenant commercial center consisting of three buildings with 18 fully leased units. The property is offered for sale with occupancy that is described as fully leased, supporting ongoing income potential within the existing tenant base. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements intended to reduce near-term capital requirements.

The center is located on Sandhill Boulevard in Punta Gorda, FL, with convenient access described to US-41, Kings Highway, and I-75.

BikeScore is listed as 45 (somewhat bikeable) and WalkScore as 10 (car-dependent), reflecting the area’s reliance on vehicles for access.

Key Highlights

• Multi‑tenant commercial center built in 2005 with 18 fully leased units across three buildings
• 6.5 CAP rate offering 100% occupancy with immediate stable cash flow (18 units fully leased)
• Recent improvements include roof replacements, updated HVAC systems, and parking lot resurfacing

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FAQs

What type of property is this?

Shopping center - Multi-tenant commercial center with 18 fully leased units across three buildings and recent roof, HVAC, and parking improvements.

Where is this shopping center located?

The property is located at 24420 SANDHILL Blvd Punta Gorda, FL.

What is the asking price?

The asking price for this property is $5,550,000.

What are key features of this property?

This property features: Multi‑tenant commercial center built in 2005 with 18 fully leased units across three buildings; 6.5 CAP rate offering 100% occupancy with immediate stable cash flow (18 units fully leased); Recent improvements include roof replacements, updated HVAC systems, and parking lot resurfacing