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- LoopNet Team
25000 US Highway 19 N
Clearwater, FL 33763
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Extremely low rental rates in place, giving the buyer massive upside!
- Extremely high traffic rate for great visability!
- Multiple business zoning in place so there are tons of possibilities!
- Ability to increase rental rates and obtain a cap rate of almost 10%.
- Fantastic investment for an Investment group or individual investor!
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
ABOUT 25000 US HIGHWAY 19 N , CLEARWATER, FL 33763
25000 U.S. 19N. Clearwater, FL 33763 PRICE DRAMATICALLY REDUCED FOR A QUICK SALE, BRING OFFERS. This fantastic concrete block strip center has amazing frontage on busy U.S. 19 in Clearwater, FL. The plaza has retail tenants with ample parking and great visibility. An owner operator or tenant also has the ability to park and store their commercial vehicles on site. The property consists of a mix of tenants with extremely low rents, making this a fantastic investment opportunity. The current rental rates are severely under market for the area and provide the buyer with a fantastic value add opportunity. Ideally, a buyer could purchase this strip center and raise the rents or take a portion for their own use. Amenities include air conditioning, the ability to transfer the roof warranty, existing restaurant space, pylon sign, signage and of course a fantastic location with a high traffic count. Zoned for a large number of businesses including an automotive dealership! There is flexibility and opportunity to increase the rents quickly after purchase or make use of the property as an owner operator.
PROPERTY TAXES
| Parcel Number | 31-28-16-00000-440-0300 | Improvements Assessment | $736,378 |
| Land Assessment | $503,622 | Total Assessment | $1,240,000 |
PROPERTY TAXES
