24420 Sandhill Boulevard, Punta Gorda, FL 33983

$5,550,000
24,507
SqFt

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List Price
$5,550,000
Status
ACTIVE
Days on Market
15
MLS#
C7528393
Subtype
Commercial Sale
Style
One Story
Year Built
2005
Living Area
24,507
Lot Size
162,138
Acres
3.72
Subdivision
Sandhill Crossings
MLS Area Major
Punta Gorda

Property Description

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.

Additional Information

Financing
Commercial Financing
Location
Central Business District, City Limits, Landscaped, Near Public Transit, Shopping Center, Sidewalk, Street Lights, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
PD
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Stories
1
Levels
One
Roof
Membrane
Foundation
Slab
Parking
Common, Ground Level, Over 30 Spaces, Shared Parking
Parking Features
Common, Ground Level, Over 30 Spaces, Shared Parking
Garage Features
Common, Ground Level, Over 30 Spaces, Shared Parking

Listing courtesy of KW PEACE RIVER PARTNERS. 941-875-9060

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