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Dark CVS 1899 N Highland Ave 13,103 SF Retail Building Clearwater, FL 33755 $4,056,993 ($309.62/SF)
Investment Highlights
- Minimal Landlord Responsibilities: This lease features minimal landlord obligations—limited to exterior and plumbing—An ideal fit for investors
- Value-Add & Redevelopment Potential: Significant upside for developers and investors. The property’s strong fundamentals, large lot size
- Prime Retail Synergy | Outparcel to Planet Fitness Anchored Center: Positioned within a thriving retail hub alongside national tenants.
- Desirable Drive-Thru Infrastructure: Existing drive-thru window and layout offer built-in value for potential reuse or re-tenanting.
- Income Tax Advantage | Florida-Based Asset: Located in a no-income-tax state, this property offers additional financial benefits for individual
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,103 SF
Building Class
B
Year Built
2008
Price
$4,056,993
Price Per SF
$309.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.40 AC
Zoning
Commercial - Commercial (C) allows for variety of retail or specialty tenants
Parking
60 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-29-15-88237-000-0020 | Improvements Assessment | $2,179,580 |
| Land Assessment | $595,420 | Total Assessment | $2,775,000 |
Property Taxes
Parcel Number
02-29-15-88237-000-0020
Land Assessment
$595,420
Improvements Assessment
$2,179,580
Total Assessment
$2,775,000
(813) 725-2182
x4245
Contacts
-
Princeton Douglass -
Daniel Gonzalez -
Matthews Real Estate Investment Services
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Dark CVS | 1899 N Highland Ave
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