PROPERTIES FOR Strip Center FOR SALE IN FLORIDA
Strip Center For Sale in Clearwater, FL $1,450,000
This fantastic strip center is located on U.S. 19 Near both Countryside and Clearwater Mall. This is a fantastic opportunity to purchase a retail strip center at a fantastic price. With ample parking for customers and commercial vehicles this is the perfect investment or an owner operator looking to occupy one building and lease out the other. Extremely low rental rates in place which give the buyer a massive upside! The ability to increase rental rates and obtain a cap rate of almost 10%. With its location, it has an extremely high traffic rate and great visibility. The property consists of a mix of tenants with extremely low rents, making this a fantastic investment opportunity. The current rental rates are severely under market for the area and provide the buyer with a fantastic value add opportunity. A buyer could purchase this strip center and take a portion for their own use. Owner financing available with 50% down and favorable terms. All information deemed accurate but should be verified. Executed NDA required for any additional information. Please do not go to the property or disturb the tenants.
Address: 25000 Us Highway 19 N
City: Clearwater
County: Pinellas
Subdivision:
Square Ft: 18068
Air Conditioning: Central Air
Total Num Bldg: 2
Exterior Construction: Block
Pool: None
Lot Size in Acres: 1.57
Property Type: Commercial / Retail
Construction: Block
WaterFront: None
Community Features:
Year Built: 1981
Buyers agent: Anthony Giuffrida - La Rosa Realty.
PLEASE CONTACT:
info@floridastripcentersforsale.com
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