35553 US Hwy 19 N - Drug Store FOR SALE
Palm Harbor, FL 34683 |
$4,740,740 USD
813-725-2182
35553 US Hwy 19 N
Palm Harbor, FL 34683
HIGHLIGHTS
- Trophy Hard Corner Real Estate: Positioned at a highly visible signalized intersection with excellent accessibility
- Value-Add / Covered Land Play: With 4 years remaining on the lease, this asset offers ultimate flexibility for an investor
- Massive Exposure (+90,000 VPD): The property benefits from exceptional visibility along US-19, which carries roughly 90,000 vehicles daily
- High Barrier-to-Entry Market: Pinellas County is the most densely populated county in Florida
- Strong Purchasing Power: The 5-mile radius boasts an average household income over $115,000
- Store Performance: This store ranks in the 100th percentile for the city, making it the #1 most visited Walgreens out of the 4 locations in Palm Harbo
FOR SALE DETAILS
PRICE
$4,740,740 USD
PRICE/SF
$307 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreen's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
125
LAND DETAILS
LAND ACRES
1.54 AC
LAND SF
67,082 SF
ZONING
CP-1
APN/PARCEL ID
31-27-16-00315-001-0030
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813-725-2182
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813-725-2182
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