28801-28829 US Hwy 19 N - Storefront FOR SALE


Clearwater, FL 33761
$6,291,369 USD
786-356-9287
28801-28829 US Hwy 19 N, Clearwater, FL for Sale
$6,291,369 USD
Storefront - FOR SALE
1/37
null | 7.3% Cap Rate

28801-28829 US Hwy 19 N
Clearwater, FL 33761


HIGHLIGHTS

  • With 900 feet of frontage over US 19 at the core of Pinellas County, with a daily traffic volume exceeding 75,000 cars.
  • Priced at $177 per square foot, it stands out as the most attractively priced stabilized shopping center in the Tampa Bay area.
  • +60% of the Gross Leasable Area (GLA) has being occupied by tenants who have remained at this location for over 12 years.
  • The parking lot has been resurfaced.

OVERVIEW

We are pleased to present an exceptional investment opportunity in the vibrant city of Clearwater. Situated in a prime commercial location, this multi-tenant property offers an attractive proposition for discerning investors seeking steady returns and long-term value. With a diverse portfolio of tenants already in place, the property presents immediate income potential. Moreover, its highly competitive price per square foot makes it especially enticing for investors looking to capitalize on the market's potential.

FOR SALE DETAILS

PRICE

$6,291,369 USD

PRICE/SF

$531 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Serendipity Plaza 1

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

3.88 AC

LAND SF

169,013 SF

ZONING

CP

APN/PARCEL ID

19-28-16-00000-130-0400

ASK ABOUT THIS PROPERTY

Alejandro SilbesteinRESMA, LLCMore Info
786-356-9287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alejandro SilbesteinRESMA, LLCMore Info
786-356-9287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.