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1960 Gulf to Bay Blvd
Clearwater, FL 33765
KFC - CLEAR WATER, FL · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 11 years remaining on initial 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
  • Will generate sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations)
  • 1.5 west of US-19 with traffic counts of 113,898 CPD! Conveniently across from Clearwater High School where student population is in excess of 1,560!
  • KBP Foods (the largest KFC franchisee in the U.S.) operates ±840 locations in 28 states (+20% of KFC locations in the U.S. system)
  • Exceptional drive-by visibility/access on Gulf to Bay Blvd, where traffic counts exceed 58,270 CPD!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 256,124 | Average Household Income (1-MI): $91,771

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,204 SF
Building Class
C
Year Built/Renovated
1963/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.74 AC
Zoning
C
Parking
29 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
100’ on Gulf to Bay

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-29-15-00000-240-0500
Land Assessment
$466,946
Improvements Assessment
$708,054
Total Assessment
$1,175,000
  • Listing ID: 29922997

  • Date on Market: 10/30/2023

  • Last Updated:

  • Address: 1960 Gulf to Bay Blvd, Clearwater, FL 33765

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