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400 S 45th Ave 1,750 SF Retail Building Saint Petersburg, FL 33705 $950,000 ($542.86/SF) 6.38% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN lease
- Drive thru window
EXECUTIVE SUMMARY
Investment Sale - Kahwa Coffee leases approximately 1,750 SF. They signed a 5 year lease with 3, 5 year options. Newly renovated building.
NNN lease. Drive thru window.
Call or email for details. Seller Financing is available. Seller will guaranty rent for 12 months.
NNN lease. Drive thru window.
Call or email for details. Seller Financing is available. Seller will guaranty rent for 12 months.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,750 SF
Building Class
B
Year Built/Renovated
1972/2023
Price
$950,000
Price Per SF
$542.86
Cap Rate
6.38%
NOI
$60,588
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.28 AC
Zoning
CCS-1 - CORRIDOR COMMERCIAL SUBURBAN
Parking
18 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 06-32-17-03780-018-0190 | Improvements Assessment | $105,850 |
| Land Assessment | $134,150 | Total Assessment | $240,000 |
PROPERTY TAXES
Parcel Number
06-32-17-03780-018-0190
Land Assessment
$134,150
Improvements Assessment
$105,850
Total Assessment
$240,000
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400 S 45th Ave
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