23230 Harper Avenue is an industrial property for lease in Port Charlotte, FL.
23230 Harper is 7500 SF and 23240 Harper is 5840 SF for a total of 13,340 in this two building investment package. Average rents are below market and average $5.32 PSF. CAP rate of 6.26 % is the adjusted rate after deducting 4% management and 10% Vacancy from gross income add that back in CAP is 7.93%
Bring the rent up to $6.35 would increase NOI by 13,740
• Two Buildings, 5 units and 7 units respectively
• 52,500 SF of land
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