Name: 17178 TOLEDO BLADE BLVD, PORT CHARLOTTE | MLS® C7513515
SKU: c7513515
Price: 1600000.0 USD
Availability: InStock

$1,600,000 Sale

Listed 11 days ago

17178 TOLEDO BLADE BLVD

MLS® c7513515 Office

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Beds · 0

Baths · 0

Parking · -

Sqft · 3335

Est. mortgage

$6,070/mo

Property Taxes

$8,927.95/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 17178 TOLEDO BLADE BLVD

Property Type

Commercial

Parking

MLS #

C7513515

Size

3335 sqft

Basement

Listed on

Lot size

Tax

$8,927.95 /yr

Days on Market

Year Built

2005

Maintenance Fee

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 le...ss 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.

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Full Property Details

Interior

Washrooms

Square Footage

3335 sqft

Cooling

Central Air

Appliances

Unspecified

Washrooms

Square Footage

3335 sqft

Cooling

Central Air

Appliances

Unspecified

Exterior

Acreage

0.46

Lot Size

0.46 acres

View

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Acreage

0.46

Lot Size

0.46 acres

View

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Building Description

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Office

Year Built

2005

StoriesTotal

New Construction

Foundation

Block

Construction Materials

Stucco

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Office

Year Built

2005

StoriesTotal

New Construction

Foundation

Block

Construction Materials

Stucco

Community

Neighborhood

PORT CHARLOTTE SEC 016

County

Charlotte

Subdivision

PORT CHARLOTTE SEC 016

Neighborhood

PORT CHARLOTTE SEC 016

County

Charlotte

Subdivision

PORT CHARLOTTE SEC 016

Taxes & Fees

Taxes

$8,927.95 /yr

Tax Year

2024

Financing Terms

Unspecified

HOA Fee

$0.00 /mo

Taxes

$8,927.95 /yr

Tax Year

2024

Financing Terms

Unspecified

HOA Fee

$0.00 /mo

Other

Directions

if you are going south on I75 take exit Toledo Blade Blvd and make a right onto Toledo Blade Blvd. Take Toledo Blade until you see the property on your left hand side, make a U-turn and the property will be on your right hand side.

Virtual Tour Link

https://www.propertypanorama.com/instaview/stellar/C7513515

Directions

Virtual Tour Link

https://www.propertypanorama.com/instaview/stellar/C7513515

Steven P Goodwin

Email: [email protected] Cell: +1 (941) 451-2880