21229 Olean Blvd - Medical FOR SALE


Port Charlotte, FL 33952
$2,950,000 USD
239-770-2940
21229 Olean Blvd, Port Charlotte, FL for Sale
$2,950,000 USD
Medical - FOR SALE
1/16
null | Request Cap Rate

21229 Olean Blvd
Port Charlotte, FL 33952


HIGHLIGHTS

  • 16,740 SF mixed-use office building; ideal for medical due to proximity to numerous hospitals and medical facilities
  • 1.69 Acres with large pylon sign
  • 1 building - 5 Units ranging from 1,817 sf to 5,961 sf, including a former bank branch with double drive-thru
  • Some furniture included
  • Across the street from 2 major hospitals and surrounded by medical facility
  • 2 blocks from Tamiami Trail with 49,000 cars traveling each day

OVERVIEW

CBRE is pleased to offer for sale 21229 Olean Boulevard, a vacant 16,740 SF mixed-use office building located 2-blocks off of Tamiami Trail in Charlotte County, Port Charlotte, Florida. Port Charlotte is recognized as a top place to retire in the U.S. based on cost of living, Florida’s retiree-friendly tax code, quality health care, desirable amenities, and scenic water views that lead to Charlotte Harbor and the Gulf of Mexico. The asset is ideally situated across the street from HCA Fawcett Hospital, a 253-bed, full-service acute care, level II trauma center, ShorePoint Hospital, a 254 bed full-service hospital, as well as multiple prominent medical facilities. The building is less than two blocks from Tamiami Trail/Highway 41, a major north-south artery with a huge traffic count of 49,000 cars per day passing the intersection at Olean Boulevard, and the newly planned Promenades at Parkside, a walkable neighborhood that will eventually house hundreds of apartments, a boutique hotel, restaurants and offices. The project will sit on 26 acres and house 230,000 SF of commercial space upon completion. For the visitors, there is a new destination resort, Sunseeker Charlotte Harbor, a 785 bed high-end resort directly serviced by Allegiant Airlines via Punta Gorda Airport that is located less than five miles southeast of the property. This property would be an ideal investment for a medical office-use due to the close proximity to numerous medical facilities, and an owner/user who would benefit from the upside of leasing vacant space.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,646 SF

ZONING

CG

APN/PARCEL ID

402222133004

ASK ABOUT THIS PROPERTY

239-770-2940

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239-770-2940

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