Courtesy of: Alex Lucke, KELLER WILLIAMS TAMPA PROP., AlexLucke@KWCommercial.com
Courtesy of: Alex Lucke, KELLER WILLIAMS TAMPA PROP., AlexLucke@KWCommercial.com
$3,215,000
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Lot: 0.69 Acres
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Retail
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$3,215,000
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.
Courtesy of: Alex Lucke, KELLER WILLIAMS TAMPA PROP., AlexLucke@KWCommercial.com
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