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Dunedin Total Car Care - Tampa-St Pete MSA 1070 Keene Rd 3,750 SF Retail Building Dunedin, FL 34698 $2,169,000 ($578.40/SF) 6.50% Cap Rate



Investment Highlights
- 9 Years Remaining | 3% Annual Increases | 1 (5-Year) Option | Recent Roof Replacement | Strong Tenant
- Signalized, Hard Corner Intersection | Across From Publix Center | Surrounding Retailers | US-19 & Countryside Mall
- NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
- Strong Demographics In 5-mile Trade Area | Six Figure Income | Downtown Clearwater
Executive Summary
• There are 9 years remaining on the current lease with 1 (5-year) option to extend
• 3% annual increases provides steady rent growth and provides a hedge against inflation
• The roof was replaced in 2022
• Dunedin Total Car Care has a steady business and maintains a 5-star Google review rating
• 3% annual increases provides steady rent growth and provides a hedge against inflation
• The roof was replaced in 2022
• Dunedin Total Car Care has a steady business and maintains a 5-star Google review rating
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,750 SF
Building Class
C
Year Built/Renovated
1995/2022
Price
$2,169,000
Price Per SF
$578.40
Cap Rate
6.50%
NOI
$140,981
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.09 AC
Zoning
Commercial
Parking
20 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-28-15-00000-410-0800 | Improvements Assessment | $331,920 |
| Land Assessment | $833,080 | Total Assessment | $1,165,000 |
Property Taxes
Parcel Number
26-28-15-00000-410-0800
Land Assessment
$833,080
Improvements Assessment
$331,920
Total Assessment
$1,165,000
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Dunedin Total Car Care - Tampa-St Pete MSA | 1070 Keene Rd
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