$5,550,000
Active · 1 days on market · MLS# MFRC7528393
| Living area | 24,507 sq ft |
|---|---|
| Lot size | 3.72 acres |
| Year built | 2005 |
| Property type | Mixed Use |
| Waterfront | Yes |
| County | Charlotte |
Investment opportunity to acquire Sandhill Commons, a well-maintained multi-tenant commercial center featuring 18 fully leased units across three buildings. Offered at a 6.5 CAP rate, this 100 occupied property provides immediate, stable cash flow with significant upside potential as below-market leases mature and renew. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements, minimizing near-term capital expenditures. Ideally located on Sandhill Boulevard in the heart of Port Charlotte, the property offers excellent visibility, strong tenant occupancy, and convenient access to US-41, Kings Highway, and I-75. Whether you're completing a 1031 exchange or expanding your investment portfolio, Sandhill Commons represents a turnkey, income-producing asset with long-term appreciation potential. All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions.
Listing courtesy of Danny Nix, KW PEACE RIVER PARTNERS. Presented by MC Homes Realty Inc · 727432218.