400 S 45th Ave 1,750 SF Retail Building Saint Petersburg, FL 33705 $950,000 ($542.86/SF) 6.38% Cap Rate

This newly renovated retail property offers a prime investment opportunity in the vibrant Saint Petersburg market. The building is fully leased to Kahwa Coffee, a well-established regional brand known for strong customer loyalty and consistent traffic. The tenant occupies approximately 1,750 SF under a five-year NNN lease, with three additional five-year renewal options, ensuring long-term stability and predictable income. The property features a convenient drive-thru window, enhancing customer accessibility and supporting high-volume sales.
Located in a dynamic area of Saint Petersburg, the site benefits from excellent visibility and easy access to major thoroughfares, connecting to downtown and surrounding residential neighborhoods. The building’s recent renovations provide modern finishes and operational efficiency, reducing near-term capital expenditures for the buyer. Seller financing is available, and the seller will guarantee rent for 12 months, offering additional security for investors seeking a smooth acquisition process.