Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
6,708
We are proud to present for sale to qualified investors, the opportunity to purchase a fee simple interest in 28540 US Hwy 19 N, Clearwater, FL 33761 (the "Property") and accompanying billboard ground lease. The Property is 100% tenant occupied, home to INSA Cannabis Dispensary and Fundora My Dentist, both on long-term NNN leases. This passive investment has 3% annual escalations and options to extend. Additional rental income included with the billboard ground lease. Per property appraiser records, in 2022 the property underwent over $1,100,000 estimated value of interior capital improvements representing an intense financial commitment by both tenants, $850,000 and $292,152 respectively. The Property is front and center on US Hwy 19 (95,000 "AADT") with over 200 feet of direct frontage, A+ visibility, and signage. Please review the Offering Memorandum for additional information.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.69
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$3,215,000
-
Tax Amount
28729.53
-
Zoning
CP-1
-
Sq. Footage
6, 708
-
Price/SqFt
$479
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Ownership
Corporation
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Alexander Lucke , KELLER WILLIAMS TAMPA PROP.
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FOUNDER
DanielleUrtnowski
Call Danielle today to schedule a private showing.
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