Punta Gorda Industrial/Retail Investment Opportunity

Industrial for Sale
Catylist Listing ID: 30464305
Property Subtypes: Manufacturing, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 13,129 SF
Gross Building Area: See Agent
Gross Land Area: 0.91 Acres
Sale Price: $1,152,000
Unit Price: $87.74 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 7.75%
Average Occupancy Rate: 100
Last Updated: 8/7/2019

Overview / Comments

- Industrial/retail investment opportunity located in Punta Gorda.

- Property is comprised of two buildings totaling over 13,000 SF and a fenced in yard.

- Currently 100% occupied. 3 tenants have leases in place and the rest are month-to-month.

- Anchor tenant is Active Door & Window, who has been in business for 52 years.

- Opportunity for immediate NOI increase.

- FULL RENT ROLL AVAILABLE UPON REQUEST!

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte
Tax ID/APN: 412307256006
Zoning: SP
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Construction/Siding: Block
Legal Description: PUNTA GORDA BLK 119 THE S 17.5 FT OF THE E 30 FT LT 4 TH S 45.5 FT LT 5 TH S 45.5 FT OF W 30 FT LT 6 THE E 20 FT LT 6 ALL LTS 7 12 13 14 & E 30 FT LT 15 & VAC ALLEY ADJ TO THE E 20 FT LT 4 & ADJ TO ALL LTS 5 6 7 12 13 14 & E 30 FT LT 15 404/678 439/307&3111 586/116-201 764/1930 776/337 E1285/1566 1730/1407 CD2037/1842 CD2038/1154

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,556 23,886 57,539
Median Age: 51.26 60.14 55.79
Households: 2,613 11,936 27,279
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