UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,204 sqft
Price per Sqft $214
Subdivision Port Charlotte Sec 002
MLS Listing ID A4592864
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $7,657
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Retail
Property Description
Key Features:
Anchor Tenant - Subway:
The plaza is anchored by the renowned Subway, a globally recognized brand, ensuring a steady and reliable stream of foot traffic. The presence of such a well-established tenant enhances the desirability of the entire complex.
Diverse Tenant Mix:
With a total of five tenants, including long-standing businesses, this plaza offers a diverse tenant mix, creating a dynamic and vibrant atmosphere. The stability and reputation of existing tenants contribute to the overall appeal and success of the property.
Strategic Location:
Situated on Tamiami Trail, one of the busiest thoroughfares in the area, the plaza enjoys unparalleled visibility and accessibility. This prime location ensures that businesses within the complex benefit from a high volume of daily passersby, maximizing exposure and potential customer reach.
Under-Valued Lease Rates:
The current lease rates are positioned below market value, presenting a significant opportunity for savvy investors. There is substantial room for lease rate increases, providing potential for enhanced revenue and long-term profitability.
Ample Parking:
Convenience is key, and this commercial plaza offers ample parking space for both tenants and customers. Ease of access and hassle-free parking contribute to a positive and customer-friendly shopping experience.
Location
State FL
County Charlotte
Community Port Charlotte Sec 002
Zoning CG
Interior
Cooling Central Air
Exterior
Parking Features Parking Spaces - 13 to 18
Roof Type Membrane
Building
Lot Description Central Business District, Shopping Center, Paved
Story 1
Foundation Block
Lot Size Range 1/2 to less than 1
Structure Type Block
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
