19580 Cochran Blvd Port Charlotte, FL 33948-2066

Property Details for 19580 Cochran Blvd

Lot size

1.08 lot acres

Zone code

CG COMMERCIAL-GENERAL

Property type

Commercial land

APN

40-22-08-176-010

APU

402208176010

Description

This exceptional Class A retail center in Port Charlotte, Florida, presents a compelling investment opportunity. The 5,000 square foot property boasts 100% occupancy with two strong national tenants: AFC Urgent Care and Kahwa Coffee. Both tenants are operating under long-term net leases, providing significant stability and predictable cash flow. The AFC lease features a 10-year term commencing May 15, 2024, with rent increases every five years. Kahwa Coffee's lease also spans 10 years, beginning on the same date, with annual rent escalations. The property's strategic location at a signalized entrance to a Home Depot and Kohl's anchored power center ensures high visibility and significant daily traffic exposure (over 18,000 vehicles). The center benefits from its proximity to other major retailers, including Publix, a new BJ's Wholesale Club, and numerous apartment complexes, creating a robust customer base. The property is situated on a 1.08-acre lot and features a single, one-story building constructed in 2024. The asking price is $4,309,734, representing a 5.65% cap rate and a price per square foot of $861.95. The strong tenant mix, favorable lease terms, and prime location make this a highly attractive investment opportunity in a growing Florida market. The Net Operating Income (NOI) is $243,500. Lease options include 4x5-year extensions for AFC and 2x5-year extensions for Kahwa. The property is offered fee simple.

Location Insight

City

Port Charlotte

County

Charlotte

State

Florida

Longitude

-82.1338

Latitude

27.0136

CBSA code

39460

CBSA name

PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments