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34421891
34390477

24420 SANDHILL BLVD -BLDG 1-UNIT 105, PUNTA GORDA, FL 33983 For Sale

DN
FL Bk3307013
Keller Williams Peace River
Listed by Keller Williams Peace River
$5,550,000
4 days on market
Updated 1 day ago

Sandhill Commons

Details
APN 402306428003
Property Type Retail, Office (+1)
Sub Type Shopping Center, Traditional Office (+1)
Square Footage 24,509
Units 18
Cap Rate 6.50%
Occupancy 100%
Tenancy Multi
Class A
Year Built 2005
Buildings 3
Stories 1
Acreage 3.720
Zoning PD
Parking Spaces 143 spaces
Parking per 1,000 SqFt 5.83
Ground Lease No
Sale Condition 1031 exchange

100% Occupied. Income-Producing. Investor Ready.

Marketing 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.

Investment 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.

Listing Contacts

DN
FL Bk3307013
Keller Williams Peace River
Listed by Keller Williams Peace River

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Additional Information

Name
Danny Nix
License
Bk3307013
Brokerage Phone
9417240080
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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