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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
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 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2Fb9f9d144-d8e5-48ae-9140-a8387f172aa5%2F13c89423-d2a9-45f2-affc-28c6a2ebf8e1" onerror="this.style.display='none'" alt="The Avery Image" style="object-fit: cover; width: 200px;" />
 Land / Multifamily 
 
 The Avery
 
 Port Charlotte, FL 
 By Colliers

 <a href="/user/0162902d-9cc7-41cd-a188-89060c428a12" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Eilers</a>
 
 Executive Managing Director
 
 
 <a href="tel:813-871-8533" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">813-871-8533</a>
 

 <a href="https://platform.reverecre.com/project/b9f9d144-d8e5-48ae-9140-a8387f172aa5" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
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Executive Vice President

Executive Managing Director

Vice President

Land Services Broker

The subject site is a 7-acre (MOL) development parcel which was formerly occupied by Macy’s and attached to the Port Charlotte Town Center mall. The mall itself, inclusive of the individually-owned Dilliard’s and Beall’s anchors, sits on roughly 70 acres and was badly damaged during Hurricane Ian in 2022. The collective site is the true commercial epicenter for Port Charlotte with an abundance of national retailers and quick-service restaurants along the periphery.

The site sits at the intersection of El Jobean Road (SR 776) and S. Tamiami Trail (US 41) which have an annual average daily traffic count of 39,000 and 55,000, respectively. There are multiple points of ingress/egress off of El Jobean Road (SR 776) and the mall property has a circular access road surrounding it.

The mall is a prime redevelopment candidate and recent proposals have centered around a new 650,000 square foot ‘entertainment-based’ shopping center to include 388,000 square feet of new retail tenant spaces complementing the 262,000 square feet of existing tenants as well as new multifamily and hotel projects.

Port Charlotte provides unmatched affordability and high value compared to Sarasota and Tampa and Consumer Affairs ranked it the #4 Coastal City in the U.S. in 2025. With limited new supply in the pipeline, the multifamily market is projected to see occupancies continue to rise thru 2026 and stabilize near 94% in 2027/2028. In addition to leisure and hospitality, the area is positioning itself as a West Coast logistics hub with the expansion of the Punta Gorda Airport and 4.2 MSF of projected industrial space by 2050 indicating long-term stability.

Sales Team

Colliers, as exclusive advisor to the Seller, is pleased to offer The Avery at Port Charlotte, a 7-acre redevelopment site which was formerly occupied by Macy’s as one of the retail anchor tenants at the Port Charlotte Town Center mall in the city of Port Charlotte, FL.

Mark Eilers brings more than 27 years of commercial real estate experience to Colliers International Tampa Bay. Throughout his career, Mark has cultivated an expertise in land brokerage, focusing on residential land development, both single and multi-family, in-fill development sites, commercial sites and large mixed-use development tracts, as well as investment sales in apartments and office buildings. Mark has extensive experience working with lenders, servicers in loan and asset valuations and disposition strategies.

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