2580 N McMullen Booth Rd
Clearwater, FL 33761
Wells Fargo · Retail Property For Sale

Colliers International is pleased to exclusively offer for sale this single tenant Wells Fargo Bank located at 2580 N. McMullen Booth Rd, the intersection of North McMullen Booth Road and Eastland Boulevard in Clearwater, Florida. Wells Fargo is located on an outparcel to the recently renovated, grocery-anchored, Northwood Plaza, a 200,000 square foot community center. The center is anchored by a Publix grocery store, Steinmart and a CVS drugstore. Within a 1 mile radius of the property, there are 1950,000 people with an average household income over $86,400. The Tampa-St. Petersburg-Clearwater MSA is composed of 2.9 million residents making this MSA the second largest MSA in all of Florida. The Property is a 3,190 square-foot single story building leased to Wells Fargo Bank. Wells Fargo is operating under a new 10 year, absolute NNN lease that runs through April 30, 2024 with significant rent bumps every five years. The next rent increase occurs on May 1st, 2019. In addition to its tremendous visibility, the site boasts traffic counts in excess of 64,300 VPD.