Price Reduced 6.25%

$1,500,000

Est. Mortgage $7,291/mo *

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Price History

$1,600,000
8/12/2025

$1,500,000
2/3/2026

17178 TOLEDO BLADE BOULEVARD, Port Charlotte, FL, 33954

17178 TOLEDO BLADE BOULEVARD, Port Charlotte, FL, 33954
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2005

3,335 sqft

Investor alert!! 4.82% Cap Rate. Free-standing medical office building located on Toledo Blade Blvd in Port Charlotte leased to Heartland Dental! Annual Average Daily Traffic Count on Toledo Blade Blvd 20,000! Roof replaced 4/6/2022. Amazing location less than 0.3 miles from Tamiami Tr and less than 6 miles from I75!sign replaced in 2024. The current lease in place expires July 31, 2028. Tenant has three (3) renewal terms of f ive (5) years each in duration. The current gross income is $91,599.72 and the current net income is $72,323.79. Real estate tax + insurance are passed through to the tenant, and the tenant handles the landscaping. Renewal Term 1 is a 15% increase at $112,669.22 annual rent ($33.79 PSF) for years 6-10. Renewal Term 2 and 3 to be negotiated at Fair Market Value. Tenant has the Right of First Refusal. Heartland Dental has 1,700+ supported offices and 2,800+ supported doctors across 38 states and they employ over 20,000 team members. Do not disturb tenant.

Status:

Active

Type:

Commercial

Complex:

PORT CHARLOTTE SEC 016

Cooling:

Central Air

Levels:

1

Acreage:

0.46

Est. Taxes:

$8,928

Construction

Stucco

Days on Market:

175

MLS #:

C7513515

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Coldwell Banker Realty 941-639-0090