19700 COCHRAN BOULEVARD, Port Charlotte, FL 33948

  • $5,700,000
19700 COCHRAN BOULEVARD, Port Charlotte, FL 33948
Active
19700 COCHRAN BOULEVARD, Port Charlotte, FL 33948
19700 COCHRAN BOULEVARD, Port Charlotte, FL 33948
  • $5,700,000

Overview

Property ID: HZC7508429
  • Office, Commercial Sale
  • Property Type
  • 12645
  • Sqft
  • 2006
  • Year Built

Description

This approximately 12,000 SF Medical/Office building has undergone a complete remodeling and is now fully leased with tenants from the medical, real estate, and financial sectors. This prime investment property is 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 under a ten-year lease agreement at $35.00/SF with annual escalations. A substantial renovation costing nearly $2 million has been completed on the main section of the building. This renovated space will now house a primary care medical practice and an urgent care facility, enhancing the building’s value and appeal.
Located conveniently on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This strategic location is ideal for attracting both foot traffic and patients who require urgent and primary care services.

  • Address 19700 COCHRAN BOULEVARD
  • City Port Charlotte
  • State/county FL
  • Zip/Postal Code 33948
  • Area HOME DEPOT COMM L PARK

Details

Updated on April 18, 2025 at 4:46 pm
  • Property ID: HZC7508429
  • Price: $5,700,000
  • Property Size: 12645 Sqft
  • Land Area: 1.4 Acres
  • Garage Size: x x
  • Year Built: 2006
  • Property Type: Office, Commercial Sale
  • Property Status: Active

Additional details

  • Cooling: Central Air
  • County: Charlotte
  • Property Type: Commercial Sale

Mortgage Calculator

$18,329,086.27
Monthly
  • Down Payment $855,000.00
  • Loan Amount $4,845,000.00
  • Monthly Mortgage Payment $41,252.93
  • Property Tax $14,250,000.00
  • Home Insurance $83.33
  • PMI $4,037,500.00
  • Monthly HOA Fees $250.00
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