19700 COCHRAN BOULEVARD PORT CHARLOTTE FL 33948 MLS #C7508429

19700 COCHRAN BOULEVARD
PORT CHARLOTTE, FL, 33948
$5,700,000
Beds
0 Baths
12,645 SqFt
1.4 Acres
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REMOLDING COMPLETE. This approximately 12,000sf Medical/Office building is FULLY LEASED with medical, real estate and financial tenants. This investment property is being offered with new leases at higher than market rents and is trading at nearly a 7% cap rate. The majority of the building will be occupied by the seller with a ten-year lease at $35.00 per foot with annual escalations. A nearly 2,000,000-dollar renovation to the main part of the building is complete and will now house a primary care medical practice and an urgent care facility. Conveniently located on Cochran Blvd at the hard corner of Peachland and Cochran Blvd, this property offers maximum exposure and easy access.

Property Details

Price:
$5,700,000
MLS #:
C7508429
Status:
Active
Beds:
0
Baths:
0
Address:
19700 COCHRAN BOULEVARD
Type:
Commercial
Subtype:
Office
Subdivision:
HOME DEPOT COMM L PARK
Neighborhood:
33948 – Port Charlotte
City:
PORT CHARLOTTE
Listed Date:
Apr 11, 2025
State:
FL
Finished Sq Ft:
12,645
Total Sq Ft:
12,645
ZIP:
33948
Lot Size:
61,150 sqft / 1.40 acres (approx)
Year Built:
2006
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Tax Year
2024
Taxes
$31,400

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19700 COCHRAN BOULEVARD
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