28540 Us Highway 19 N
Clearwater,
FL
33761
Property Details
List Price: |
$3,215,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
6708 |
Agency: |
Keller Williams Tampa Properties |
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Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1973 |
Notes: |
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. |
MlsNumber: |
T3446569 |
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Listing Provided By: |
Keller Williams Tampa Properties, original listing |
Name: |
Keller Williams Tampa Properties |
Phone: |
(813) 264-7754 |
Office Name: |
KELLER WILLIAMS TAMPA PROP. |
Office Phone: |
(813) 264-7754 |
Agent Name: |
Alex Lucke |
Disclaimer: |
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |