24420 Sandhill Blvd - Storefront Retail/Office FOR SALE


Punta Gorda, FL 33983
$5,550,000 USD
941-207-5713
24420 Sandhill Blvd, Punta Gorda, FL for Sale
$5,550,000 USD
Storefront Retail/Office - FOR SALE
1/19
null | 6.5% Cap Rate

24420 Sandhill Blvd
Punta Gorda, FL 33983


HIGHLIGHTS

  • All 18 units are currently leased, providing immediate rental income.
  • Prime location just off Kings Highway and less than one mile from I-75, offering exceptional regional access.
  • The property has benefited from continuous improvements and ongoing maintenance over the years, enhancing its overall appeal and long-term value.

OVERVIEW

Investment opportunity to acquire Sandhill Commons, a well-maintained multi-tenant commercial center featuring 18 fully leased units across three buildings. Offered at a 6.5% CAP rate, this 100% occupied property provides immediate, stable cash flow with significant upside potential as below-market leases mature and renew. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements, minimizing near-term capital expenditures. Ideally located on Sandhill Boulevard in the heart of Port Charlotte, the property offers excellent visibility, strong tenant occupancy, and convenient access to US-41, Kings Highway, and I-75. Whether you're completing a 1031 exchange or expanding your investment portfolio, Sandhill Commons represents a turnkey, income-producing asset with long-term appreciation potential. All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions.

FOR SALE DETAILS

PRICE

$5,550,000 USD

PRICE/SF

$903 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sandhill Crossings

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

3.68 AC

LAND SF

160,288 SF

ZONING

PD

APN/PARCEL ID

402306428003

ASK ABOUT THIS PROPERTY

Danny NixKeller Williams Peace River Partners RealtyMore Info
941-207-5713

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Danny NixKeller Williams Peace River Partners RealtyMore Info
941-207-5713

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