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Dark CVS 1899 N Highland Ave 13,103 SF Retail Building Clearwater, FL 33755 $4,056,993 ($309.62/SF)

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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

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
193’ on Highland

AMENITIES

  • Drive Thru
  • Air Conditioning

NEARBY MAJOR RETAILERS

Planet Fitness
Walmart Neighborhood Market
Checkers
Rent-a-center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-29-15-88237-000-0020
Land Assessment
$595,420
Improvements Assessment
$2,179,580
Total Assessment
$2,775,000
  • Listing ID: 38671542

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 1899 N Highland Ave, Clearwater, FL 33755

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