30950 U.S. Highway 19 N | Palm Harbor, FL 34684
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- LoopNet Team
30950 U.S. Highway 19 N
Palm Harbor, FL 34684
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied Retail Plaza Consisting of 14,147-SF on a ±1.03-AC Lot
- All tenants are on triple-net (NNN) leases, covering 100% of taxes, insurance, and common area maintenance (CAM)
- Current rents average $19.44/SF, well below the market average of $26.11/ SF, providing significant potential for future rent adjustments.
- Leader’s Furniture, anchor tenant since 1985, recently renewed lease for an additional 5 years, demonstrating long-term commitment to the location
- Leases include annual rental escalations, ensuring consistent income growth
- Positioned along US-19, the area’s most heavily trafficked roadway, with over 80,000 vehicles passing daily
PROPERTY FACTS
Property Type
Retail
Building Size
14,147 SF
Building Class
C
Year Built/Renovated
1985/2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.03 AC
Zoning
C-3
Parking
40 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
214’ on U.S. Highway 19
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 18-28-16-00000-210-0420 | Improvements Assessment | $1,631,869 |
| Land Assessment | $768,131 | Total Assessment | $2,400,000 |
PROPERTY TAXES
Parcel Number
18-28-16-00000-210-0420
Land Assessment
$768,131
Improvements Assessment
$1,631,869
Total Assessment
$2,400,000
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