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Kohl's & PetSmart - Port Charlotte, FL 19530 Cochran Blvd 109,509 SF 100% Leased Retail Building Port Charlotte, FL 33948 $13,590,000 ($124.10/SF) 7% Cap Rate
Investment Highlights
- Kohl's was a 97th percentile performer nationally in 2025, and PetSmart was a 95th percentile performer nationally.
- Kohl’s has a significant 10% rental increase in its next option period commencing in early 2028.
- Strategically located in a densely populated, prime retail trade area with 103,963 residents within a 5-mile radius.
- Exceptionally low single-digit Kohl's rent of $7.28 Triple Net (NNN) PSF.
- PetSmart has 7+ years remaining, with a 5% rent bump in June 2028.
- Limited competition with zero other Kohl’s or PetSmart stores within a 26-mile radius of the subject asset.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 109,509 SF Kohl’s & PetSmart located at 19530 - 19600 Cochran Boulevard in Port Charlotte, FL. This offering features a highly attractive low single-digit Kohl’s rent of $7.28 Triple Net (NNN) PSF. Kohl's now has 2.1 years remaining on the current term, with a substantial 10% rent increase scheduled for January 2028. PetSmart further strengthens the stability of the asset with 7.5 years remaining on its lease and a 5% rent increase in June 2028. Kohl's was a 97th percentile performer nationally in 2025, and PetSmart was a 95th percentile performer nationally. Together, these strong credit tenants, favorable lease terms, and built-in rent escalations create an exceptional long-term investment opportunity.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
109,509 SF
Building Class
B
Year Built
2008
Price
$13,590,000
Price Per SF
$124.10
Cap Rate
7%
NOI
$951,305
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
10.00 AC
Zoning
CG
Parking
100 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
231’ on Cochran Blvd
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Energy Star Labeled
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Kohls
- Retailer
- 89,236 SF
- $7.28
- Triple Net
- Jan 2028
- Petsmart
- Retailer
- 20,273 SF
- $14.86
- Triple Net
- May 2033
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Kohls | Retailer | 89,236 SF | $7.28 | Triple Net | Jan 2028 | |
| Petsmart | Retailer | 20,273 SF | $14.86 | Triple Net | May 2033 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 402208176001 | Improvements Assessment | $1,913,342 |
| Land Assessment | $1,301,324 | Total Assessment | $3,214,666 |
Property Taxes
Parcel Number
402208176001
Land Assessment
$1,301,324
Improvements Assessment
$1,913,342
Total Assessment
$3,214,666
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Kohl's & PetSmart - Port Charlotte, FL | 19530 Cochran Blvd
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