$1,610,000 USD
760-642-9942
235 S Belcher Rd
Clearwater, FL 33765
South Clearwater
HIGHLIGHTS
- Listed for $1,610,000 yielding a cap rate of 5.40%
- HIGH UPSIDE — value-add potential below-market rent, no options remaining, short-term lease
- Pro-Forma ±9.76% Cap Rate at market rents. Current rent is ±$15.49/SF **Contact agent for more information.
- Corporate Guaranty — Monro is one of the leading automotive service and tire dealers in the nation
- Tampa Bay MSA — ±115k population in a 3-mi radius and ±3.42 million in total
- Larger Parcel of ±0.71 AC allows for flexible future uses
FOR SALE DETAILS
PRICE
$1,610,000 USD
PRICE/SF
$287 USD /SF
CAP RATE
5.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tire Choice
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
31,050 SF
ZONING
C3
APN/PARCEL ID
18-29-16-00000-230-0700
ASK ABOUT THIS PROPERTY
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760-642-9942
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760-642-9942
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