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Prime Commercial Shopping Plaza with High Visibility on Tamiami Trail, Includes a vacant buildable lot behind the building. Investment opportunity in the heart of a bustling commercial district. This well-maintained shopping plaza, strategically located on the prominent Tamiami Trail, boasts exceptional visibility and exposure, making it a sought-after destination for businesses and customers alike.
Key Features:
Anchor Tenant - Subway:
The plaza is anchored by the renowned Subway, a globally recognized brand, ensuring a steady and reliable stream of foot traffic. The presence of such a well-established tenant enhances the desirability of the entire complex.
Diverse Tenant Mix:
With a total of five tenants, including long-standing businesses, this plaza offers a diverse tenant mix, creating a dynamic and vibrant atmosphere. The stability and reputation of existing tenants contribute to the overall appeal and success of the property.
Strategic Location:
Situated on Tamiami Trail, one of the busiest thoroughfares in the area, the plaza enjoys unparalleled visibility and accessibility. This prime location ensures that businesses within the complex benefit from a high volume of daily passersby, maximizing exposure and potential customer reach.
Under-Valued Lease Rates:
The current lease rates are positioned below market value, presenting a significant opportunity for savvy investors. There is substantial room for lease rate increases, providing potential for enhanced revenue and long-term profitability.
Ample Parking:
Convenience is key, and this commercial plaza offers ample parking space for both tenants and customers. Ease of access and hassle-free parking contribute to a positive and customer-friendly shopping experience.
Features
Age: Over 50 Years Old
Amenities: Dock
Architecture Style: Other
Building Units: 5
Exterior Type: Block
Legal Description: PCH 002 014F 0049 PORT CHARLOTTE SEC 2 BLK 14F LT 49 & 40 FT STRIP WITHIN EXTENDED PROPERTY LINES BY 346/137 346/142 325/186 DC387/08 384/842 PR278 1951/1138 3538/978 CD3549/70