17178 Toledo Blade Boulevard, PORT CHARLOTTE, FL 33954
Request More Information
  • All fields are required.
  • MLS#: C7513515 ( Commercial Sale )
  • Street Address: 17178 Toledo Blade Boulevard
  • Viewed: 13
  • Price: $1,600,000
  • Price sqft: $416
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 3846
  • Days On Market: 36
  • Additional Information
  • Geolocation: 27.0218 / -82.1633
  • County: CHARLOTTE
  • City: PORT CHARLOTTE
  • Zipcode: 33954
  • Subdivision: Port Charlotte Sec 016
  • Provided by: COLDWELL BANKER REALTY
  • Contact: Kayla Weiss-Bohnstedt
  • 941-639-0090
  • mfrmls
  • DMCA Notice
  • Description
    Investor alert!! 4.79% Cap Rate. Free standing medical office building located on Toledo Blade Blvd in Port Charlotte leased to Heartland Dental! Annual Average Daily Traffic Count on Toledo Blade Blvd 20,000! Roof replaced 4/6/2022. Amazing location less than 0.3 miles from Tamiami Tr and less than 6 miles from I75!sign replaced in 2024. The current lease in place expires July 31, 2028. Tenant has three (3) renewal terms of f ive (5) years each in duration. The current gross income is $93,942.24 and the current net income is $76,578.41. Real estate tax + insurance are passed through to the tenant, and the tenant handles the landscaping. Renewal Term 1 is a 15% increase at $112,669.22 annual rent ($33.79 PSF) for years 6 10. Renewal Term 2 and 3 to be negotiated at Fair Market Value. Tenant has the Right of First Refusal. Heartland Dental has 1,700+ supported offices and 2,800+ supported doctors across 38 states and they employ over 20,000 team members. Do not disturb tenant.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 3335.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 76578.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: PCH 016 1084 0013 PORT CHARLOTTE SEC16 BLK1084 LTS 13 & 14 296/631 299/311 805/1555 1201/1969 1219/290 DC1296/572 2001/1207 E2524/2137 ORD2449/380 3052/1590
  • Area Major: 33954 - Port Charlotte
  • Parcel Number: 402101408004
  • Views: 13
  • Zoning Code: CG