Catylist ID:
#30675608
CAP Rate 4.95% 73% leased 9 yrs 100% projected 6.37%
Retail-Commercial
for Sale
| Catylist Listing ID: | 30675608 |
| Property Subtypes: | Restaurant, Street Retail |
| Building Size (RSF): | 11,163 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $3,100,000 |
| Unit Price: | $277.70 PSF |
| Property Use Type: | Net Leased Investment (NNN), Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/4/2021 |
Overview / Comments
|
The Property is located in the Murdock Commercial Business center of Pt Charlotte. Building is an out parcel of the Port Charlotte Town Center Mall between Bob Evans Restaurant and The Red Lobster also sharing frontage on El Jobean road with many national and regional food franchises.Visibility on El Jobean is excellent with lighted podium signage. This BW& R Franchise is one of three owned by the current Tenant and has been a very successful restaurant enjoying the cross over food and beverage traffic offered by all the other restaurants at the Mall complex. Murdock Village is the nucleus of the commercial retail commerce, and the office business community of Port Charlotte. Located at the intersections of US 41 Tamiami Trail and El Jobean Rd the day traffic is excellent for this industry. The Murdock area is now seeing very active development and growth along the El Jobean corroder with several new developments under construction. |
Attachments & Media
Current Tenants
| Tenant Business Name | Buffalo Wings and Rings |
Additional Details
| Nearest MSA: | Punta Gorda |
| County: | Charlotte |
| Tax ID/APN: | 402207253002 |
| Zoning: | CG |
| Tenancy: | Multiple Tenants |
| Year Built: | 1992 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,394 | 37,312 | 91,264 |
| Median Age: | 44.95 | 46.65 | 47.74 |
| Households: | 1,829 | 15,816 | 38,871 |
Contact
Ron A Struthers, PACOLDWELL BANKER COMMERCIAL NRTMFCRE Member |
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