1620 Tamiami Trl - Medical FOR SALE


Port Charlotte, FL 33948
$9,950,000 USD
941-263-2501
1620 Tamiami Trl, Port Charlotte, FL for Sale
$9,950,000 USD
Medical - FOR SALE
1/3
null | Request Cap Rate

1620 Tamiami Trl
Port Charlotte, FL 33948


HIGHLIGHTS

  • Well-occupied, multi-tenant office and office/medical building providing stable in-place income with long-term growth potential.
  • Prime frontage along Tamiami Trail/US Highway 41 with exposure to over 55,900 vehicles per day (VPD), supporting tenant visibility and retention.
  • Impeccably kept asset with recent system upgrades, including HVAC, common areas, and surveillance, reduces near-term capital expenditures.
  • Strategic Port Charlotte location within a high-growth Southwest Florida market, supported by strong demographics, nearby retail, and regional access.

OVERVIEW

A partially leased, four-story office/medical investment awaits at 1620 Tamiami Trail, along Southwest Florida’s primary north-south corridor in Port Charlotte. Spanning approximately 49,172 square feet across four stories, the City Center professional office building features a distinctive red brick and glass façade within the established Murdock Business Center. Well-maintained interiors feature a mix of private and open office layouts, including common area kitchenettes on every floor, as well as conference rooms that cater to a diverse tenant base. Capital improvements include upgraded HVAC systems, replacement and enhancement of fire protection systems, new carpeting, and the installation of camera surveillance at key access points. Larger tenants benefit from monument signage opportunities, while ample surface parking provides convenient access steps from the main entrance. Delivering exceptional visibility and access with exposure to more than 55,900 vehicles per day (VPD), the property is supported by strong ingress and egress along one of the region’s most active commercial arteries. Long-term tenancy is reinforced through a dense mix of nearby national retailers, medical facilities, and residential neighborhoods, generating consistent daytime traffic. Walkable amenities include Publix, Chick-fil-A, Five Guys, Village Marketplace Shopping Mall, and the Shoppes of Port Charlotte. Port Charlotte continues to experience steady population growth, expanding retail demand, and increased business activity, all of which benefit from its proximity to Sarasota, Fort Myers, and Interstate 75. Regional connectivity is a breeze with Veterans Boulevard, Kings Highway, and Interstate 75, all conveniently located within minutes. Fort Myers is located approximately 30 miles south, and Sarasota is roughly 45 miles north. Strong demographics, coastal lifestyle appeal, and a growing local economy position this asset as a compelling addition to an investment portfolio.

FOR SALE DETAILS

PRICE

$9,950,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

City Center Professional Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

186

LAND DETAILS

LAND ACRES

3.24 AC

LAND SF

141,134 SF

ZONING

CG

APN/PARCEL ID

402208301002

ASK ABOUT THIS PROPERTY

Lee BrewerRe/Max Alliance GroupMore Info
941-263-2501

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Lee BrewerRe/Max Alliance GroupMore Info
941-263-2501

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.