Investment Overview

Marcus & Millichap is pleased to present this 100 percent Occupied Two- Tenant Retail Center featuring AFC Health and Kahwa Coffee as tenants. Situated at the signalized entrance to a Home Depot and Kohl’s anchored power center, this trophy retail has exposure to more than 18,000 vehicles per day. Port Charlotte is an unincorporated community and censusdesignated place in Chalotte County. The population is 101,694 and it is part of the Sarasota-Bradenton-Punta Gorda Combined Statistical Area with a population of 891,411. The AFC Tenant has increases in rent every five years and the Kahwa Coffee has increases in rent every year during the term and renewal options. This property features NNN leases where Tenants pay CAM, taxes, insurance, and most maintenance aspects of the property. Major retail tenants surrounding this property include Kohl’s Department Store, Home Depot, Publix, and Port Charlotte Town Center. There is also a new BJ’s Wholesale club within walking distance of this center. Numerous apartment complexes surround this Two-Tenant Property including Murdock Circle Apartments, Sunrise Towers, The Towers, Sage Grove on Aaron, Villa San Carlos, Swiftwater Apartments and The Landing at Westport. Many colleges and universities are also nearby including Charlotte Technical College, The Academy and Southern Technical College. AFC (American Family Care) was founded in 1982 by Dr. Bruce Irwin , his attitude of “Putting the patient first” quickly made AFC one of the most successful urgent care clinics in the area. Kahwa Coffee is a wholesale and retail coffee company based in St. Petersburgh, Florida and founded in 2006 by Sarah and Raphael Perrier. Kahwa has become the largest independent coffee roaster in the state of Florida.