3880 Tamiami Trl Port Charlotte, FL 33952

Property Details for 3880 Tamiami Trl

Year built

2005

Construction

CONCRETE BLOCKS

Lot size

0.34 lot acres

Property size

5,580 SF

Zone code

CG COMMERCIAL-GENERAL

Property type

Retail space

APN

40-22-23-379-006

APU

402223379006

Description

This exceptional investment opportunity presents a fully occupied, multi-tenant retail building situated on a high-traffic section of US-41 in Port Charlotte, Florida. The 5,640 square foot building, constructed in 2005, features a concrete block and metal structure, encompassing five individual units currently boasting 100% occupancy. The property includes ample parking with 23 spaces, a combination of front and rear spaces, supplemented by nearby public parking. Utilities are conveniently provided by county water and sewer systems. Rent bumps are in place, ensuring future income growth. The property sits on a 0.35-acre lot and is zoned CG. Its prime location offers excellent visibility and accessibility, with proximity to key amenities including the Sunseeker Resort & Convention Center (approximately 1.5 miles), Downtown Punta Gorda (approximately 3 miles), I-75 (approximately 4.5 miles), and Punta Gorda Airport (PGD) (approximately 6.5 miles). This well-maintained, single-story building represents a strong investment with a 6.40% cap rate and an asking price of $1,189,000 ($210.82 per square foot). The property's strong tenant base and strategic location make it an attractive proposition for discerning investors seeking a stable and appreciating asset in a thriving market. APN: 402223379006.