Commercial property in Punta Gorda, Florida 2276.76 sq.m. № 2224424

Commercial property in Punta Gorda, Florida 2276.76 sq.m. № 2224424
ID2224424 $ 5 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2224424

Property description

Investment opportunity to acquire Sandhill Commons, a well-maintained multi-tenant commercial center featuring 18 fully leased units across three buildings. Offered at a 6.5 CAP rate, this 100 occupied property provides immediate, stable cash flow with significant upside potential as below-market leases mature and renew. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements, minimizing near-term capital expenditures. Ideally located on Sandhill Boulevard in the heart of Port Charlotte, the property offers excellent visibility, strong tenant occupancy, and convenient access to US-41, Kings Highway, and I-75. Whether you're completing a 1031 exchange or expanding your investment portfolio, Sandhill Commons represents a turnkey, income-producing asset with long-term appreciation potential. All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions.
MLS #: C7528393
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CityPunta Gorda
Address24420 SANDHILL BOULEVARD
TypeCommercial property
Living space2276.76 m²
  • sq. ft
Completion dateIV quarter, 2005
Price
  • Price
  • per m²
$ 5 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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