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.
Property Details
Price:
$3,215,000
MLS #:
T3446569
Status:
Active
Beds:
0
Baths:
0
Address:
28540 US HIGHWAY 19 N
Type:
Commercial
Subtype:
Retail
City:
CLEARWATER
Listed Date:
May 16, 2023
State:
FL
Finished Sq Ft:
6,708
ZIP:
33761
Lot Size:
30,000 sqft / 0.69 acres (approx)
Year Built:
1973
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Block, Stucco
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2022
Taxes
$28,730
Map
Community
- Address28540 US HIGHWAY 19 N CLEARWATER FL
- CityCLEARWATER
- CountyPinellas
- Zip Code33761
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Courtesy of KELLER WILLIAMS TAMPA PROP.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 28540 US HIGHWAY 19 N
CLEARWATER, FL
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