Multi-Tenant Building on Tamiami
For Sale
$2,100,000
3527 Tamiami Trl E, Port Charlotte, FL 33952
Free-standing building with canal waterfront and harbor access.
Property Size9,756 SF
Price / SF$215.25
Days on Market186
Property Features for 3527 Tamiami Trl E
General Information
Standard status
Active
Size
9,756 SF
Building Details
Year Built
1979
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source:
Exciterealtyflorida
Added: Apr 24
Changed: Oct 26
Last Checked: Oct 7 at 3:27PM
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 COLDWELL BANKER REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-tenant building is located on Tamiami Trail in Port Charlotte. The property includes five units, totaling 10,881 square feet with 9,756 rentable square feet. It features 190 feet of canal waterfront with direct harbor access. The location benefits from high visibility, with an Annual Average Daily Traffic Count (AADT) of 45,500. Recent improvements include a roof replacement completed in December 2022. Unit A tenant currently pays $1,500 per month, with the lease ending February 28, 2028. Unit B tenant currently pays $1,940 base + $300 CAM for a total of $2,240 per month, with the lease ending December 31, 2027. Unit C tenant currently pays $2,767.25 base + $468.75 CAM for a total of $3,236 per month, with the lease ending December 31, 2026. Unit E tenant currently pays $3,063.50 base + $487.50 CAM for a total of $3,551 per month, with the lease ending February 28, 2029. Unit D is currently vacant. The bike score is 58, making it bikeable, and the walk score is 59, indicating it is somewhat walkable.
Key Highlights
- 190 feet of canal waterfront with direct harbor access
- Free‑standing multi‑tenant building with 9,756 rentable square feet
- Prominent location on Tamiami Trail with high visibility (AADT 45,500)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173,549
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,470,980
$3.5M
Cap Rate 7%
$2,479,271
$2.5M
Cap Rate 9%
$1,928,322
$1.9M
Market Conditions
NOI Build-Up for 9,756 SF
Gross rent
$256.4K $26.28/SF
− Vacancy
−$8.5K −$0.87/SF
EGI
$247.9K $25.41/SF
− OpEx
−$74.4K −$7.62/SF
NOI
$173.5K $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%
$3,470,980
Cap Rate 7%
$2,479,271
Cap Rate 9%
$1,928,322
Alternative Uses
Best Use
Retail
$2.48M
$2.17M – $2.89M
NOI $173,549 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.19M
$2.80M – $3.73M
NOI $223,608 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,228
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 15%
Home Improvements & Furnishings 6%
7-Eleven
Shops & Services
14,065 visits/mo
0.5 miles
SUBWAY
Dining
3,270 visits/mo
0.5 miles
AutoZone
Shops & Services
2,885 visits/mo
0.3 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,451 visits/mo
0.5 miles
Mavis Discount Tire
Shops & Services
670 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Free-standing building with canal waterfront and harbor access.
Where is this strip mall located?
The property is located at 3527 Tamiami Trl E Port Charlotte, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 190 feet of canal waterfront with direct harbor access; Free‑standing multi‑tenant building with 9,756 rentable square feet; Prominent location on Tamiami Trail with high visibility (AADT 45,500)
