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4725 22nd Ave S 4,800 SF 100% Leased Retail Building Saint Petersburg, FL 33711 $1,249,000 ($260.21/SF)
Investment Highlights
- Fully Leased
- 8.3% Cap Rate
- Roof Replaced in 2023
- Located in Beautiful Gulfport, FL
Executive Summary
Excellent opportunity to purchase a fully leased retail property in the heart of Gulfport. The strip center is roughly 4,800sf, has 5 tenants and sits on a 0.33ac lot. The roof was replaced in 2023 and the parking lot was recently resurfaced. Property is listed at an 8.3% cap rate. Please do not disturb tenants, Contact Broker for all questions.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1959/1985
Price
$1,249,000
Price Per SF
$260.21
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.34 AC
Parking
28 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | 28-31-16-88956-000-0010 | Improvements Assessment | $397,045 |
| Land Assessment | $262,955 | Total Assessment | $660,000 |
Property Taxes
Parcel Number
28-31-16-88956-000-0010
Land Assessment
$262,955
Improvements Assessment
$397,045
Total Assessment
$660,000
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4725 22nd Ave S
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