FL
Charlotte
PORT CHARLOTTE
33954
17178 TOLEDO BLADE BOULEVARD
17178 TOLEDO BLADE BOULEVARD, PORT CHARLOTTE, FL 33954
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Listing Type
Commercial/Industrial
Listing Status
active
6
$1,600,000

Home Details for 17178 TOLEDO BLADE BOULEVARD

Price
$1,600,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
3335
Year built
2005
Lot size acres
0.46
County
Charlotte
Garage
Days on site
42
MLS Listing#
C7513515
Property Description

Investor alert!! 4.79% Cap Rate. Free-standing medical office building located on Toledo Blade Blvd in Port Charlotte leased to Heartland Dental! Annual Average Daily Traffic Count on Toledo Blade Blvd 20,000! Roof replaced 4/6/2022. Amazing location less than 0.3 miles from Tamiami Tr and less than 6 miles from I75!sign replaced in 2024. The current lease in place expires July 31, 2028. Tenant has three (3) renewal terms of f ive (5) years each in duration. The current gross income is $93,942.24 and the current net income is $76,578.41. Real estate tax + insurance are passed through to the tenant, and the tenant handles the landscaping. Renewal Term 1 is a 15% increase at $112,669.22 annual rent ($33.79 PSF) for years 6-10. Renewal Term 2 and 3 to be negotiated at Fair Market Value. Tenant has the Right of First Refusal. Heartland Dental has 1,700+ supported offices and 2,800+ supported doctors across 38 states and they employ over 20,000 team members. Do not disturb tenant.

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Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: COLDWELL BANKER REALTY - 941-639-0090
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-08-13 06:22:13
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EXIT COMPASS REALTY
19700 Cochran Blvd Ste 3, Port Charlotte, FL 33948
Office
941 889 7299
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