1300 4th St N - Storefront FOR SALE


Saint Petersburg, FL 33701- Crescent Lake
$7,821,000 USD
407-261-4404
1300 4th St N, Saint Petersburg, FL for Sale
$7,821,000 USD
Storefront - FOR SALE
1/5
null | 5.75% Cap Rate

1300 4th St N
Saint Petersburg, FL 33701
Crescent Lake


HIGHLIGHTS

  • 100% Occupied NNN Retail: Fully leased to a diversified mix of tenants, providing an investor with a stable income stream and limited responsibilities
  • High-Barrier-to-Entry Market: Located in one of Tampa Bay’s most supply-constrained retail submarkets
  • Scheduled Rent Increases: Leases have fixed rent bumps throughout the term, enhancing cash flow and income growth
  • Strong National & Franchise-backed Tenants: Favorable tenant mix with AT&T, CAVA, QDOBA, and Pearle Vision (retail/food/service)
  • Attractive 1031 Exchange Profile: Combination of NNN leases, quality tenants, built-in rent growth, and irreplaceable real estate

OVERVIEW

** Please do not disturb tenants. Contact listing agent for additional information and to schedule property visits. ** Simaan Real Estate is pleased to exclusively offer for sale a 100% fee simple interest in Shoppes on 4th. The subject property offers investors the opportunity to acquire a fully occupied NNN shopping center positioned along St. Petersburg’s highly desirable 4th Street North corridor. The property is 100% leased to a strong mix of national and franchise-backed tenants, including AT&T, CAVA, QDOBA, and Pearle Vision, providing stable cash flow from a diversified lineup of service, food, and retail users. The leases provide built-in rental growth over time, enhancing the durability of the income stream while preserving a passive ownership structure. Beyond the income profile, the property’s greatest strength is the underlying real estate. 4th Street North is one of St. Petersburg’s most established commercial corridors, benefiting from dense surrounding demographics, strong daily traffic, and limited availability for new retail development. Located within one of Tampa Bay’s most supply-constrained and high-barrier-to-entry retail markets, Shoppes on 4th combines durable NNN income with irreplaceable real estate along one of St. Petersburg’s premier commercial corridors.

FOR SALE DETAILS

PRICE

$7,821,000 USD

PRICE/SF

$866 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes on 4th

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

CG

APN/PARCEL ID

18-31-17-00396-000-0100

ASK ABOUT THIS PROPERTY

Toufic SimaanSimaan Real Estate, LLCMore Info
407-261-4404

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Toufic SimaanSimaan Real Estate, LLCMore Info
407-261-4404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.