23330 Harbor View Rd Punta Gorda, FL 33980
- Lifestyle centers
- 14,080 SF
- 1.25 lot acres
Current Use by Public Records
- Channel Letters Signs Punta Gorda / Design Agency / Graphic Designer
- Sign Shop Port Charlotte / Manufacturer / Banner Store
- Vehicle Wraps / Sign Shop
- LifestyleOutdoorKitchens.com / Store
Property Details for 23330 Harbor View Rd
- Lot size
- 1.25 lot acres
- Property size
- 14,080 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 14,080 square foot retail property, located at 23330 Harbor View Rd, Port Charlotte, FL 33980, presents a lucrative investment opportunity. Currently occupied by a 100% leased mattress store, the property boasts a strong 7.90% cap rate and a pro-forma cap rate of 7.95%, generating a pro-forma NOI of $337,920. The building, constructed in 2016 and renovated in 2016, sits on a 1.25-acre lot with direct Harborview frontage. The property is zoned CG and features a Class B building with one unit. The asking price is $4,249,990, translating to $301.85 per square foot. The lease is a NNN type, with a multi-tenant occupancy and zero years remaining on the current lease. This versatile property is suitable for various retail uses, including auto shops and shopping centers, offering significant potential for future growth and income. The property's recent roof replacement adds to its value and reduces immediate maintenance concerns. This is a rare opportunity to acquire a high-performing retail asset in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Punta Gorda
- County
- Charlotte
- State
- Florida
- Longitude
- -82.0637
- Latitude
- 26.966
