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Prime Clearwater Investment 8.42%Cap For Sale 28384 US Highway 19 N 6,000 SF Retail Building Clearwater, FL 33761 $2,219,513 CAD ($369.92 CAD/SF) 8.42% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Location: Clearwater US Hwy 19 N frontage, high visibility
  • Zoning: Retail, office, medical, showroom
  • Investment: Stable income, long- term value
  • Occupancy: 100% occupied with 2 long-term lease in place; $134K NOI, 8.47% cap
  • Market: Clearwater, strong growth and demand
  • Traffic: Traffic along US-19 in Clearwater exceeds 100,000 vehicles daily in many areas.

EXECUTIVE SUMMARY

Prime Clearwater Location: Positioned directly on US Hwy 19 N, one of Pinellas County’s busiest commercial routes, offering exceptional visibility and exposure.
Fully Leased Income Asset: 100% occupied with 2 long-term lease in place, generating a stable NOI of $134,000/year at a competitive 8.42% cap rate.
Flexible Zoning: Ideal for a variety of uses, including retail, showroom, medical, or office space.
Ample Space: 6,000 sq ft of functional building area on a 0.69-acre lot.
Strong Market Fundamentals: Located in Clearwater, a high-demand market experiencing steady commercial growth.
PLEASE DO NOT VISIT THE PROPERTY DIRECTLY - BY APPOINTMENTS ONLY CALL SWAPNA SHAH AT 813-789-4142

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
6,000 SF
Building Class
C
Year Built
2003
Price
$2,219,513 CAD
Price Per SF
$369.92 CAD
Cap Rate
8.42%
NOI
$186,883 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.69 AC
Frontage
98’ on U.S. 19

NEARBY MAJOR RETAILERS

Charles Schwab
Truist
TD Bank
Hancock Whitney
UFC Gym
Kobe Ichiban
CrossFit
Jazzercise
EverBank
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-28-16-07290-000-0060
Land Assessment
$597,380 CAD
Improvements Assessment
$876,568 CAD
Total Assessment
$1,473,948 CAD
  • Listing ID: 38024094

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 28384 US Highway 19 N, Clearwater, FL 33761

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