4717 22nd Ave S - Retail FOR SALE


Pasadena, FL 33711
$1,200,000 USD
727-409-3465
4717 22nd Ave S, Pasadena, FL for Sale
$1,200,000 USD
Retail - FOR SALE
1/1
null | 8.33% Cap Rate

4717 22nd Ave S
Pasadena, FL 33711


HIGHLIGHTS

  • Excellent Cap Rate!
  • Minimal Maintenance Required - No CAPEX Needed Now!
  • Long-Term Tenants!

OVERVIEW

Rare opportunity for an investment in the busy and sought-after area of Gulfport (actually located in St.Petersburg) Florida. 4 stores fully occupied and 1 store leased and under renovation. Investment presented at a solid 7.5% Cap Rate (see below). Tenants pay CAM and share the cost of some utilities based on square footage. Outdoors is of absolute minimal maintenance. There is no deferred maintenance or CAPEX need outside of this building, with a new roof and resurfaced parking lot. Tenants pay for maintenance and improvements of the inside of all units. Half of the tenancy is with very long-time tenants owning well-established and reputable businesses.**IMPORTANT NOTE: PLEASE DO NOT VISIT, DISTURB, OR ASK BUSINESSES OR TENANTS- CONTACT BROKER ONLY**

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

8.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Strip Center For Sale in Gulfport Area

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CCS-1

APN/PARCEL ID

28-31-16-88956-000-0010

ASK ABOUT THIS PROPERTY

Philippe BeauKlein & Heuchan, Inc.More Info
727-409-3465

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Philippe BeauKlein & Heuchan, Inc.More Info
727-409-3465

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