About 19700 Cochran Boulevard
PRICE REDUCTION!! This approximately 12,000 SF Medical/Office building has undergone a complete remodeling and is now fully leased with tenants from the medical, real estate, and financial sectors. This prime investment property is offered with new leases at higher than market rents and is trading at nearly a 7% cap rate. The majority of the building will be occupied by the seller under a ten-year lease agreement at $35.00/SF with annual escalations. A substantial renovation costing nearly $2 million has been completed on the main section of the building. This renovated space will now house a primary care medical practice and an urgent care facility, enhancing the building's value and appeal. Located conveniently on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This strategic location is ideal for attracting both foot traffic and patients who require urgent and primary care services.
Features of 19700 Cochran Boulevard
| MLS® # | C7508429 |
|---|---|
| Price | $5,250,000 |
| Square Footage | 11,980 |
| Acres | 1.40 |
| Year Built | 2006 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Listing Details
| Office | CORR COMMERCIAL ADVISORS LLC |
|---|
Listing Map
Neighborhood Information for 19700 Cochran Boulevard
Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Community Christian School Private - Preschool to 12Th Grade - Closest Elementry School |
1 Miles | |
|
Charlotte Virtual Franchise Public - 6Th Grade to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Charlotte Virtual Instruction Program Public - Kindergarten to 12Th Grade - Closest High School |
1 Miles | |
|
|
The Academy Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
Charlotte Technical College Public - to |
1 Miles | |
|
|
Liberty Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Port Charlotte High School Public - 9Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools