19700 COCHRAN BOULEVARD PORT CHARLOTTE FL 33948 MLS #C7508429 | Gary Kusher | Florida Real Estate

19700 COCHRAN BOULEVARD
PORT CHARLOTTE, FL, 33948
$5,700,000
Beds
0 Baths
12,645 SqFt
1.4 Acres
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This approximately 12,000 SF Medical/Office building has undergone a complete remodeling and is now fully leased with tenants from the medical, real estate, and financial sectors. This prime investment property is offered with new leases at higher than market rents and is trading at nearly a 7% cap rate. The majority of the building will be occupied by the seller under a ten-year lease agreement at $35.00/SF with annual escalations. A substantial renovation costing nearly $2 million has been completed on the main section of the building. This renovated space will now house a primary care medical practice and an urgent care facility, enhancing the building’s value and appeal.
Located conveniently on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This strategic location is ideal for attracting both foot traffic and patients who require urgent and primary care services.

Property Details

Price:
$5,700,000
MLS #:
C7508429
Status:
Active
Beds:
0
Baths:
0
Address:
19700 COCHRAN BOULEVARD
Type:
Commercial
Subtype:
Office
Subdivision:
HOME DEPOT COMM L PARK
Neighborhood:
33948 – Port Charlotte
City:
PORT CHARLOTTE
Listed Date:
Apr 11, 2025
State:
FL
Finished Sq Ft:
12,645
Total Sq Ft:
12,645
ZIP:
33948
Lot Size:
61,150 sqft / 1.40 acres (approx)
Year Built:
2006
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Tax Year
2024
Taxes
$31,400

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19700 COCHRAN BOULEVARD
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