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P.S. ONE 327 11th Ave N 15,244 SF 100% Leased Office Building Saint Petersburg, FL 33701 $9,343,125 CAD ($612.91 CAD/SF) 6.96% Cap Rate
Investment Highlights
- Located along 4th Street N with 36,500 cars per day
- Renovated in 2017 with upgraded lighting and finishes
- Fully leased retail asset with strong tenant mix and income
- Desirable Old Northeast Neighborhood
Executive Summary
The Northward property is a 100% leased, cash-flowing asset located along the highly desirable 4th Street corridor in St. Petersburg, Florida. This stabilized investment presents an ideal opportunity for buyers seeking steady income with near-term upside potential. Featuring excellent visibility and frontage along 4th Street, one of the Tampa MSA’s most valuable retail corridors, the property is well-positioned for long-term growth and appreciation.
Property Facts
Sale Type
Investment
Property Type
Building Size
15,244 SF
Building Class
B
Year Built/Renovated
1928/2017
Price
$9,343,125 CAD
Price Per SF
$612.91 CAD
Cap Rate
6.96%
NOI
$650,606 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,622 SF
Building FAR
0.45
Lot Size
0.77 AC
Zoning
CCT-1 - Corridor Commercial Traditional
Parking
40 Spaces (2.62 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- BLB SprayTans & Teeth Whitening
- Health Care and Social Assistance
- -
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$9.99
-
Lorem Ipsum
- -
- Coasta Vida
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
-
- Arts, Entertainment, and Recreation
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Stretch Zone began in Florida and created a unique approach to flexibility and mobility through assisted stretching. Their method uses patented strapping systems to stabilize muscles during stretches. The company expanded nationwide through franchising, offering 25 or 50-minute sessions in dedicated studios. Stretch Zone emphasizes a customizable experience targeting various fitness needs. Their business model focuses on delivering specialized stretching techniques through certified practitioners across numerous locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| BLB SprayTans & Teeth Whitening | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | - | |
| Coasta Vida | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (77)
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P.S. ONE | 327 11th Ave N
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