For Sale - Commercial Sale For Sale - - - - Price $3,215,000 - T344656
28540 US HIGHWAY 19
6,708 Sqft
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Property Description

We are proud to present for sale to qualified investors, the opportunity to purchase a fee simple interest in 28540 US Hwy 19 N, Clearwater, FL 33761 (the “Property”) and accompanying billboard ground lease. The Property is 100% tenant occupied, home to INSA Cannabis Dispensary and Fundora My Dentist, both on long-term NNN leases. This passive investment has 3% annual escalations and options to extend. Additional rental income included with the billboard ground lease. Per property appraiser records, in 2022 the property underwent over $1,100,000 estimated value of interior capital improvements representing an intense financial commitment by both tenants, $850,000 and $292,152 respectively. The Property is front and center on US Hwy 19 (95,000 “AADT”) with over 200 feet of direct frontage, A+ visibility, and signage. Please review the Offering Memorandum for additional information.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
T3446569
Price:
$3,215,000
Bedrooms:
Half Bathrooms:
Square Footage:
6,708 Sqft
Year Built:
1973
Lot Area:
0.69 Acre
Address Map
Country:
US
State:
FL
County:
Pinellas
City:
CLEARWATER
Zipcode:
33761
Street:
US HIGHWAY 19
Street Number:
28540
Floor Number:
Longitude:
W83° 15' 40.7''
Latitude:
N28° 1' 53.4''
Agent Info
Blue Sun Team
https://BlueSunRealty.com
1-813-365-3370
1-813-365-3370
angie@bluesunrealty.com
813-365-3370 - 909 E. Parker Street Lakeland, FL 33801 -