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 |
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |