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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
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