28540 US Highway 19, Clearwater,, FL, 33761 United States
  • Sold
  • Retail Space
  • Sold

28540 US Highway 19 Clearwater,, FL, 33761 United States Get directions

$1,395,000
69 Sq. ft. Lot
  • StyleRetail
  • Age26 Years
  • Parking Less than 50 car garage
  • Area Clearwater
  • Listed 7 Years 10 Months 25 Days Ago

Overview

Description: Excellent Net Leased Investment Property with two tenants and very well maintained property. Located on busy US Hwy 19 between Clearwater and Palm Harbor. * Offered at an 8.25% Cap Rate. * The property is comprised of two buildings, one is 4008 SF (restaurant) and the other is 2700 SF (batteries plus). * Excellent Visibility on US Hwy 19, the main retail corridor in the area. * The Asian restaurant has been in place for approximately 8 years and has expanded in that time. * The Batteries Plus, a national franchise, has been in place for 8 years and excercised their second option in 2013. The third option runs through 2022 with 3% lease escalations. * There is a revenue generating billboard on the property mounted to the rear of the property. * Ingress and egress from US Hwy 19 is very good. * Excellent, spacious parking with over 5 spaces per thousand SF.

Features

Interior Features

  • Levels: 1

Taxes & Fees

  • Condo Fees : Not Available
  • Taxes: $21,847.67
  • Monthly Rent: Not Available