42,000 SF Industrial Building - Owner User or Potential 7% Cap

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30708285
Property Subtypes: Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 42,880 SF
Gross Land Area: 2.80 Acres
Sale Price: $3,500,000
Unit Price: $81.62 PSF
Ceiling: 28 ft.
Docks/Doors: 4 Doors
Office SF: 300 SF
Drive In Bays: 4 Bays
Property Use Type: Vacant/Owner-User
Usable Size (USF): 42,880 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2021

Overview / Comments

Highly sought after 42,000 SF Industrial Building - Owner User or Potential 7% Cap. A portion of PID 402207228002 consisting of 208 Acres (MOL) containing a 42,000 SF (MOL) building.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 402207228002
Zoning: IL
Property Located Between: Paulson Dr & Veterans Blvd
Highway Access: US 41 (0.3 miles) SR-776 (0.3 miles) I-75 (6 miles)
Airports: Punta Gorda Airport (PGD), Sarasota Airport (SRQ), Fort Myers International (RSW)
Site Description: Located adjacent to a major big box center containing Bed Bath & Beyond, Best Buy, and Marshall's. Half a block off busy US 41 and Veterans intersection with ADT of 60,000. Located across from major retailers such as Walmart and Target. Access from Paulson & Veterans Lighted Interchange . Cross access with shopping center may be able to be obtained.
Area Description: Prime location in the center of Port Charlotte's business district. Access to the two major thoroughfares US-41 and SR-776, both divided highways. Centrally located between Sarasota and Ft. Myers with quick access to I-75 via SR-776 and Toledo Blade Drive.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 42,800 SF
Property Condition: Excellent
Year Built: 1972
Roof Type: Other
Construction/Siding: Metal/Glass
Exterior Description: Standard metal building. High ceilings. Excellent condition.
Parking Ratio: 1.8 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking Available on all 4 sides of the building
Eave Height: 22
Column Spacing: 25
Overhead Cranes: Undisclosed
Sprinklers: Other
Heat Type: Other
Heat Source: Wall Units
Air Conditioning: Other
Lighting: Fluorescent
Internet Access: Cable
Interior Description: Mostly clear warehouse space. 11 columns running center span approximately 25 ft apart. 2 restrooms. Small kitchen area with grease trap and hood. 20 plus foot open ceiling
Zoning Description: Industrial, light
Lot Frontage: 250
Lot Depth: 460
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: PCI 002 0006 0008 PORT CHARLOTTE IND PK UN 2 BLK 6 LT 8 1123/818 E1419/1460 E1421/865 AGMT1599/35 E2488/1801 PCI 002 0006 00TN PORT CHARLOTTE IND PK UN 2 BLK 6 TR-N 1134/1896 1310/626

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,092 37,202 101,174
Median Age: 52.33 46.71 46.65
Households: 2,911 15,839 42,266
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