17178 Toledo Blade Boulevard Port Charlotte, FL 33954
For Sale MLS# C7513515
3,335 sq ft Commercial
Details for 17178 Toledo Blade Boulevard
MLS# C7513515
Description for 17178 Toledo Blade Boulevard, Port Charlotte, FL, 33954
Investor alert!! 4.82% Cap Rate. Free-standing medical office building located on Toledo Blade Blvd in Port Charlotte leased to Heartland Dental! Annual Average Daily Traffic Count on Toledo Blade Blvd 20,000! Roof replaced 4/6/2022. Amazing location less than 0.3 miles from Tamiami Tr and less than 6 miles from I75!sign replaced in 2024. The current lease in place expires July 31, 2028. Tenant has three (3) renewal terms of f ive (5) years each in duration. The current gross income is $91,599.72 and the current net income is $72,323.79. Real estate tax + insurance are passed through to the tenant, and the tenant handles the landscaping. Renewal Term 1 is a 15% increase at $112,669.22 annual rent ($33.79 PSF) for years 6-10. Renewal Term 2 and 3 to be negotiated at Fair Market Value. Tenant has the Right of First Refusal. Heartland Dental has 1,700+ supported offices and 2,800+ supported doctors across 38 states and they employ over 20,000 team members. Do not disturb tenant.
Listing Information
Property Type: Commercial, Office
Status: Active
Lot Size: 0.46 Acres
Square Feet: 3,335 sq ft
Year Built: 2005
Stories: 1 Story
Construction: Stucco
Subdivision: Port Charlotte Sec 016
Foundation: Block
County: Charlotte
Utilities
Cooling: Central Air
Driving Directions
if you are going south on I75 take exit Toledo Blade Blvd and make a right onto Toledo Blade Blvd. Take Toledo Blade until you see the property on your left hand side, make a U-turn and the property will be on your right hand side.
Financial Considerations
Tax/Property ID: 402101408004
Tax Amount: 8927.95
Tax Year: 2024
A broker reciprocity listing courtesy: COLDWELL BANKER REALTY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 17178 Toledo Blade Boulevard
Sales History
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Tax Summary
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Schools
Schools nearby 17178 Toledo Blade Boulevard
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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