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28540 US HIGHWAY 19 N
CLEARWATER FL 33761 US

$3,215,000

Active Listing ID T3446569
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Lot: 0.69 Acres
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Retail

$3,215,000

Active Listing ID T3446569
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28540 US HIGHWAY 19 N 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.

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Property Features

  • Facts
  • Lot Size: 0.69 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 3215000
  • unparsedaddress: 28540 US HIGHWAY 19 N
  • postalcity: CLEARWATER
  • stateorprovince: FL
  • country: US
  • postalcode: 33761
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.69
  • lotsizeunits: Acres
  • lotsizearea: 0.69
  • livingarea: 6708
  • livingareaunits: Square Feet
  • latitude: 28.031509
  • longitude: -82.738682
  • listagentfullname: Alex Lucke
  • listagentemail: AlexLucke@KWCommercial.com
  • listagentkey: 3yd-MFRMLSFL-261553300
  • listagentmlsid: 261553300
  • listagentpreferredphone: 7274102896
  • listagentofficephone: 8132647754
  • listofficekey: 3yd-MFRMLSFL-771620
  • listofficemlsid: 771620
  • 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.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1973
  • listingcontractdate: 2023-05-16
  • listagenturl: http://tampaproperties.yourkwoffice.com/
  • countyorparish: Pinellas
  • parcelnumber: 19-28-16-00000-310-3000
  • constructionmaterials: Block, Stucco
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.738682, 28.031509
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/T3446569/?channel=rexren", "LeadRoutingEmail":"AlexLucke@KWCommercial.com", "BrokerName":"Keller Williams Tampa Properties", "ListingTitle":"Retail - CLEARWATER, FL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"hweinstein@kw.com", "ListOfficeAddress1":"5020 W Linebaugh Ave", "ListOfficeAddress2":null, "ListOfficeCity":"Tampa", "ListOfficePostalCode":"33624", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Keller Williams Tampa Properties", "ListBrokeragePhone":"(813) 264-7754", "ListBrokerageEmail":"KLRW325@kw.com", "ListBrokerageWebsiteUrl":"http://tampaproperties.yourkwoffice.com/", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/95/269584/20140708152237803.png", "ListBrokerageUnparsedAddress":"3450 Buschwood Park Dr.", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Tampa", "ListBrokerageStateOrProvince":"FL", "ListBrokeragePostalCode":"33618", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-01-31T12:53:08Z", "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":28729.53, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:43:32 PM GMT
Source Updated Date: 5/4/2024 6:40:30 AM GMT

Courtesy of: Alex Lucke, KELLER WILLIAMS TAMPA PROP., AlexLucke@KWCommercial.com

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.

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