3335 Ulmerton Rd - Restaurant FOR SALE


Clearwater, FL 33762- Feather Sound
$5,278,000 USD
813-434-8278
3335 Ulmerton Rd, Clearwater, FL for Sale
$5,278,000 USD
Restaurant - FOR SALE
1/6
null | 4.5% Cap Rate

3335 Ulmerton Rd
Clearwater, FL 33762
Feather Sound


HIGHLIGHTS

  • Brand New 15-Year Lease | 10% Rent Increases | Options to Extend |Includes Billboard on Site | 2026 Remodel
  • Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities
  • Adjacent to Carillon Office Park (432 Acres) | Direct Consumer Base
  • Signalized, Hard Corner Intersection | Intl. Airport | Hotel Presence | Off I-275 (115,000 VPD)
  • Echelon City Center Master Plan | 20.5 Acres | 150,000 SF Retail
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Brand new 15-year lease with options to extend • The lease features 10% rental increases every 5 years • 2026 remodel of an old Wendy’s building • The billboard generates an additional $25,000/Yr through August 27, 2044

FOR SALE DETAILS

PRICE

$5,278,000 USD

PRICE/SF

$1,505 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle - Tampa (Clearwater) FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

Commercial

APN/PARCEL ID

02-30-16-00000-330-0130

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

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