Office

floridacentral Credit Union - Port Charlotte, FL

1600 Tamiami Trl Port Charlotte, Florida United States 33948-1104
Asking Price
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2000
Building Area Gross

Property description

floridacentral Credit Union is located 0.5 miles from the intersection of Veterans Boulevard and Tamiami Trail (US 41), the center of the dense Port Charlotte Town Center retail node.

Investment highlights

  • Florida financial services tenant with $569 million in chain deposits
  • 7-year lease with increases and zero short-term landlord obligations
  • Unique upside from soon-to-be vacant 2nd floor space
  • Excellent frontage along Tamiami Trail (54,000 VPD)
  • Dense commercial trade area that is geographically constricted
  • 94,000 residents in 5 miles with avg HH income over $70,000
Last Updated Date: 18 Oct 2021

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Last Updated Date: 18 Oct 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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