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Seven-Unit Strip Mall
For Sale
$1,999,000

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

Fully leased retail center positioned along the southbound U.S. 41 corridor.

Property Size7,870 SF
Price / SF$254
Days on Market86

Property Features for 3231 Tamiami Trail A-g

General Information

Standard status Active
Size 7,870 SF
Occupancy 100%

Building Details

Year Built 1960
Tenancy Multi
Listing Agency: FIVE STAR REALTY OF CHARLOTTE
Listed By: Monica Vallee · License #3241635
Source: Chenoregroup
Added: Jul 20 Changed: Oct 9 Last Checked: Oct 7 at 12:57PM

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 established strip mall contains seven fully leased retail units, each measuring 1,000 square feet, within a 7,870-square-foot property. Constructed in 1960, the center is configured for multiple retail occupants and provides an existing leased-up operating profile.

The property fronts southbound U.S. 41 and sits directly across from Promenades at Parkside, a planned downtown development with upscale housing, boutique shops, fine dining, and entertainment. Charlotte Harbor is also located minutes away, placing the center near an established waterfront destination and an expanding mix of commercial and residential activity.

Key Highlights

  • Seven fully leased retail units
  • Each unit measures 1,000 square feet
  • 7,870‑square‑foot strip mall property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$139,999
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,799,980 $2.8M
Cap Rate 7%
$1,999,986 $2.0M
Cap Rate 9%
$1,555,544 $1.6M
Market Conditions
NOI Build-Up for 7,870 SF
Gross rent
$206.8K $26.28/SF
− Vacancy
−$6.8K −$0.87/SF
EGI
$200.0K $25.41/SF
− OpEx
−$60.0K −$7.62/SF
NOI
$140.0K $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%
$2,799,980
Cap Rate 7%
$1,999,986
Cap Rate 9%
$1,555,544

Alternative Uses

Best Use
Retail
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,999 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.25M – $3.01M (±1% cap)
NOI $180,380 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

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

Suggested Use

Top Pick Restaurant Parking Lot & Garage Storage Facility Big Box & Wholesale Store Garden Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,841
Businesses Nearby
113k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Dining 33% Apparel 15% Home Improvements & Furnishings 9%
McDonald's Dining
31,148 visits/mo 0.1 miles
Bealls Apparel
17,023 visits/mo 0.2 miles
7-Eleven Shops & Services
14,065 visits/mo 0.3 miles
Sunshine Ace Hardware Inc Home Improvements & Furnishings
8,470 visits/mo 0.4 miles
Shell Shops & Services
7,840 visits/mo 0.2 miles

Demographics for 33952, FL

32,084
Population
17,682
Households
1.8
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
2,917
Density / Sq Mi
$56,117
Median Household Income
$33,999
Median Earnings
$1,249
Median Rent
$224,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased retail center positioned along the southbound U.S. 41 corridor.
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 $1,999,000.
What are key features of this property?
This property features: Seven fully leased retail units; Each unit measures 1,000 square feet; 7,870‑square‑foot strip mall property
More about this property
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