3315 Harbor Blvd

3315 Harbor Blvd , Port Charlotte, Florida, 33952 | 4,204 sq.f | $ 1,500,000

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About This Restaurant

Investment Highlights

Anchor Tenant - Subway High Visibility Under-Valued Lease Rates Diverse Tenant Mix Ample Parking

Executive Summary

Prime Commercial Shopping Plaza with High Visibility on Tamiami Trail, includes a vacant buildable lot behind the building. Investment opportunity in the heart of a bustling commercial district. This well-maintained shopping plaza, strategically located on the prominent Tamiami Trail, boasts exceptional visibility and exposure, making it a sought-after destination for businesses and customers alike. Anchor Tenant - Subway:The plaza is anchored by the renowned Subway, a globally recognized brand, ensuring a steady and reliable stream of foot traffic. The presence of such a well-established tenant enhances the desirability of the entire complex.Diverse Tenant Mix:With a total of five tenants, including long-standing businesses, this plaza offers a diverse tenant mix, creating a dynamic and vibrant atmosphere. The stability and reputation of existing tenants contribute to the overall appeal and success of the property.Strategic Location:Situated on Tamiami Trail, one of the busiest thoroughfares in the area, the plaza enjoys unparalleled visibility and accessibility. This prime location ensures that businesses within the complex benefit from a high volume of daily passersby, maximizing exposure and potential customer reach.Under-Valued Lease Rates:The current lease rates are positioned below market value, presenting a significant opportunity for savvy investors. There is substantial room for lease rate increases, providing potential for enhanced revenue and long-term profitability.Ample Parking:Convenience is key, and this commercial plaza offers ample parking space for both tenants and customers. Ease of access and hassle-free parking contribute to a positive and customer-friendly shopping experience.

Property Details

  • Sale Type    Investment
  • Sale Condition    1031 Exchange
  • Property Type    Retail Retail General Retail Convenience Store General Retail Fast Food General Retail Storefront Retail
  • Building Size    4,204
  • Building Class    C
  • Year Built/Renovated    1979/2019
  • Price    1,500,000
  • Price Per SF    357
  • Cap Rate    5.13
  • NOI    76,903
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.42
  • Land Acres    0.23 AC

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
Date Created: 2024-07-16 04:13:32 Last Updated: 2024-07-16 04:13:32
Address: 3315 Harbor Blvd , Port Charlotte, Florida, 33952