695 Central Ave - Storefront FOR SALE
Saint Petersburg, FL 33701 |
695 Central Ave
Saint Petersburg, FL 33701
HIGHLIGHTS
- Strong national & successful local tenants including Melting Pot, IMAGE Studios and Southern Grounds Coffee
- Possibility for an end user acquisition with income
- All of the current tenants have new 10-year NNN leases,, all featuring two 5-year renewal options
- Each lease has 10% increases every 5 years through the original term and option periods
- The property is in the heart of downtown St. Petersburg, a highly desirable location with opportunities rarely becoming available to investors
- 101,137 population within a 3-mile radius
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
695 Central Avenue, St. Petersburg, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
17760
STORIES
2
YEAR BUILT
1923
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
19-31-17-34218-000-0020
