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28540 US Highway 19 N

Clearwater, Florida, 33761, United States

Property ID: #527056 // commercial
28540 US Highway 19 N
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Traditional Sale
List Price:
$3,215,000.00
Icon 6,708 ft²
Icon 0.69 acres
Icon - beds
Icon - baths
Address:
28540 US Highway 19 N
City:
Clearwater
State:
Florida
Zip Code:
33761
County:
Pinellas
Country:
United States
Property Type:
Commercial
Additional Property Types:
Retail
Year Built:
1973
Property Size:
6,708 ft²
Lot Size:
0.69 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
T3446569
Source Status:
Active
Source Property Type:
Commercial, Retail

Property Provided By

  • Alex Lucke
  • KELLER WILLIAMS TAMPA PROP.
  • +1 (727) 410-2896
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Property Information

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.

Directions

Heading north on US Hwy 19, the property is located on the west side of the road between State Road 580 and Curlew Road.

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Courtesy of KELLER WILLIAMS TAMPA PROP..
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2024-01-31 17:53:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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