Multi tenant office building

Office for Sale
Catylist Listing ID: 30802859
Property Subtypes: Executive Suites, Mixed Use
Building Size (RSF): 6,154 SF
Gross Building Area: See Agent
Gross Land Area: 0.55 Acres
Sale Price: $1,300,000
Unit Price: $211.24 PSF
Property Use Type: Investment
Building Name: The White House
Class of Space: Class B
Usable Size (USF): 5,880 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/5/2022

Overview / Comments

The White House is a value add multi-tenant property in a fabulous location. Easy access into property North bound and South bound from Tamiami Trail. The current rent roll allows increases for investors. This building has a large amount of frontage directly on Tamiami Trail and signage
directly on it as well. 29,660 AADT

Work being done to the building post-Hurricane Ian:
New roof, new monument sign, paint, and landscaping!

PROPERTY HIGHLIGHTS
Value-Add
Multi-tenant- 10 Units
Below market rents with upside potential
High Visibility Frontage on Tamiami Trail with excellent signage
Shared parking lot with approximately 30 parking spots
Excellent access - North and South Access & Egress

Attachments & Media

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Tax ID/APN: 402112226012
Zoning: CG
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1983
Total Parking Spaces: 30
Zoning Description: Commercial General

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 47,297 101,893
Median Age: 43.18 46.84
Households: 18,939 42,910

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