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19700 COCHRAN BOULEVARD

Commercial For Sale
$5,250,000

BTC: 175.00000000

ETH: 2,625.00000000

-$450K (2025/07/21)
240 days
0 room(s)
11,980 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

PRICE REDUCTION!! This approximately 12,000 SF Medical/Office building has undergone a complete remodeling and is now fully leased with tenants from the medical, real estate, and financial sectors. This prime investment property is offered with new leases at higher than market rents and is trading at nearly a 7% cap rate. The majority of the building will be occupied by the seller under a ten-year lease agreement at $35.00/SF with annual escalations. A substantial renovation costing nearly $2 million has been completed on the main section of the building. This renovated space will now house a primary care medical practice and an urgent care facility, enhancing the building's value and appeal. Located conveniently on Cochran Boulevard, at the hard corner of Peachland and Cochran Boulevard, this property offers maximum exposure and easy access. This strategic location is ideal for attracting both foot traffic and patients who require urgent and primary care services.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2006
Lot:
1.40 Acres
Heating:
No Data
Price/sqft:
$438
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 1.40 Acres

    Other Property Information

    • Parcel Number: 402208127002

    • Zoning: IG

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $31,400

  • Source details

    • MLS ID: C7508429

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 11980

    • Subdivision Name: HOME DEPOT COMM L PARK

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CORR COMMERCIAL ADVISORS LLC