This is a prime opportunity to get into a great signalized street corner, 5 unit strip mall.
Rent is around $3 under market on 4 of the units and has plenty of room for growth on new leases.
all tenants have been in the plaza for over 3 years with the longest almost 18yrs.
Projected NOI $100,000+ with new leases
Great location in the heart of Clearwater, FL
Tenants
unit 1 Hair salon
unit 2 Mexican market/Deli/Restaurant
unit 3 Barber
unit 4 Nutrition store
unit 5 smoke shop but will be vacant soon.
Investment highlights
Signalized corner
New Sign
Established Tenants
Busy intersection
leases are ready to be renewed for market rate