About 19700 Cochran Boulevard
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.
Features of 19700 Cochran Boulevard
| MLS® # | C7508429 |
|---|---|
| Price | $5,700,000 |
| Bathrooms | 0.00 |
| Square Footage | 11,980 |
| Acres | 1.40 |
| Year Built | 2006 |
| Type | Commercial |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 19700 Cochran Boulevard |
|---|---|
| Area | Port Charlotte |
| Subdivision | HOME DEPOT COMM L PARK |
| City | PORT CHARLOTTE |
| County | Charlotte |
| State | FL |
| Zip Code | 33948 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Foundation | Slab |
|---|
Additional Information
| Date Listed | April 11th, 2025 |
|---|---|
| Days on Market | 98 |
| Zoning | IG |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | CORR COMMERCIAL ADVISORS LLC |
|---|