28384 US Highway 19 N - Retail FOR SALE


Clearwater, FL 33761
$1,590,000 USD
813-789-4142
28384 US Highway 19 N, Clearwater, FL for Sale
$1,590,000 USD
Retail - FOR SALE
1/11
null | 8.42% Cap Rate

28384 US Highway 19 N
Clearwater, FL 33761


HIGHLIGHTS

  • Location: Clearwater US Hwy 19 N frontage, high visibility
  • Occupancy: 100% occupied with 2 long-term lease in place; $134K NOI, 8.47% cap
  • Zoning: Retail, office, medical, showroom
  • Market: Clearwater, strong growth and demand
  • Investment: Stable income, long- term value
  • Traffic: Traffic along US-19 in Clearwater exceeds 100,000 vehicles daily in many areas.

OVERVIEW

Prime Clearwater Location: Positioned directly on US Hwy 19 N, one of Pinellas County’s busiest commercial routes, offering exceptional visibility and exposure. Fully Leased Income Asset: 100% occupied with 2 long-term lease in place, generating a stable NOI of $134,000/year at a competitive 8.42% cap rate. Flexible Zoning: Ideal for a variety of uses, including retail, showroom, medical, or office space. Ample Space: 6,000 sq ft of functional building area on a 0.69-acre lot. Strong Market Fundamentals: Located in Clearwater, a high-demand market experiencing steady commercial growth. PLEASE DO NOT VISIT THE PROPERTY DIRECTLY - BY APPOINTMENTS ONLY CALL SWAPNA SHAH AT 813-789-4142

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

8.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Clearwater Investment 8.42%Cap For Sale

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

19-28-16-07290-000-0060

ASK ABOUT THIS PROPERTY

Swapna ShaheXp CommercialMore Info
813-789-4142

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Swapna ShaheXp CommercialMore Info
813-789-4142

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