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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



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
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
PROPERTY TAXES
| Parcel Number | 19-28-16-07290-000-0060 | Improvements Assessment | $876,568 CAD |
| Land Assessment | $597,380 CAD | Total Assessment | $1,473,948 CAD |
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
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Prime Clearwater Investment 8.42%Cap For Sale | 28384 US Highway 19 N
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