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- LoopNet Team
8001 N Dr Martin Luther King Jr St N
Saint Petersburg, FL 33702
CVS: St. Petersburg, FL · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
ABOUT 8001 N DR MARTIN LUTHER KING JR ST N , SAINT PETERSBURG, FL 33702
The CBRE Net Lease Property group is pleased to exclusively offer an 11,200-square-foot freestanding CVS situated on 1.82 acres in St. Petersburg, Florida, which is part of the Tampa-St. Petersburg-Clearwater MSA (Population: 2.9+ million) located just 15 miles west of Tampa' s CBD. Built in 1998, CVS' s absolute NNN lease has approximately 6.25 years of primary term remaining with five 5-year options to renew and rent escalations of ±$0.50 PSF every 5 years throughout the term. The property is strategically located with excellent visibility and access on Dr. M.L.K. Jr. Street North (24,300 VPD), just 1 mile east of Interstate 275 (153,000 VPD), which is one of Florida' s primary arteries. CVS is also positioned as an outparcel to the 365,106-square-foot Gateway Market Center, which is anchored by Target, Publix, Beall' s, TJ Maxx, Office Depot and Petsmart and also includes SunTrust Bank, Shoe Carnival, Party City, Bath & Body Works, Tuesday Morning, Dockers and Burger King among other retailers. The property is also immediately adjacent to Steak n Shake and Miller' s Ale House and directly across Dr. M.L.K. Street North from the Winston Gateway Condominiums, Gateway Square Condominiums.
PROPERTY TAXES
| Parcel Number | 30-30-17-75600-000-0012 | Improvements Assessment | $1,561,337 |
| Land Assessment | $903,663 | Total Assessment | $2,465,000 |
PROPERTY TAXES
