Property
| Ownership: | Fee Simple |
|---|---|
| Type: | mixed-use |
| Lot Size: | 3.7 Acres |
Financials
Price:$5,550,000
Annual Taxes:$58,027.65
Listing Courtesy of KW PEACE RIVER PARTNERS
Investment opportunity to acquire Sandhill Commons, a well maintained multi tenant commercial center featuring 18 fully leased units across three buildings.
Description
Investment opportunity to acquire Sandhill Commons, a well-maintained multi-tenant commercial center featuring 18 fully leased units across three buildings. Offered at a 6.5 CAP rate, this 100 occupied property provides immediate, stable cash flow with significant upside potential as below-market leases mature and renew. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements, minimizing near-term capital expenditures. Ideally located on Sandhill Boulevard in the heart of Port Charlotte, the property offers excellent visibility, strong tenant occupancy, and convenient access to US-41, Kings Highway, and I-75. Whether you're completing a 1031 exchange or expanding your investment portfolio, Sandhill Commons represents a turnkey, income-producing asset with long-term appreciation potential. All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions.
Amenities
- Bathrooms
- Bb Hs Internet Capable
- Central Business District
- City Limits
- Dumpsters
- Electricity Available
- Fiber Optic Available
- Landscaped
- Near Public Transit
- Paved
- Phone Available
- Public
- Security Lights
- Shopping Center
- Sidewalk
- Street Lights
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.