28540 Us Highway 19 N, Clearwater, FL 33761
sale
$3,215,000
|
Retail
Courtesy Of Keller Williams Tampa Properties
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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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Exterior Type: Stucco
- Exterior Type: Block
- Legal Description: S 200FT OF W 150FT OF E 250FT OF NE 1/4OF SE 1/4 OF NE 1/4 OF SW 1/4
- MLSID: T3446569
- Roof Type: Unknown
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