1194 NE Cleveland St | Clearwater, FL 33755
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- LoopNet Team
1194 NE Cleveland St
Clearwater, FL 33755
18 Year Absolute NNN Lease Annual Increases · Retail Property For Sale
Investment Highlights
- Downtown Clearwater ensures high visibility, accessibility and steady stream of customers
- 10% rent increases every five years with the next increase in 2026
- Absolute NNN lease - tenant is responsible for all expenses at the property
- Low property rent indicates substantial opportunity for growth and increased valuation
- 18 years remaining on primary term
- Recent renovations include new HVAC, new pumps, tank upgrades, new canopy and signage
Property Facts
Property Type
Retail
Property Subtype
Building Size
900 SF
Building Class
C
Year Built/Renovated
1960/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.41 AC
Zoning
CG - CG
Parking
12 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 15-29-15-03060-003-0010 | Improvements Assessment | $263,905 |
| Land Assessment | $321,095 | Total Assessment | $585,000 |
Property Taxes
Parcel Number
15-29-15-03060-003-0010
Land Assessment
$321,095
Improvements Assessment
$263,905
Total Assessment
$585,000
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