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Antique Alley 580 Indian Rocks Rd N 12,448 SF 100% Leased Retail Building Belleair Bluffs, FL 33770 $2,415,122 CAD ($194.02 CAD/SF) 6% Cap Rate
Investment Highlights
- The property spans approximately 1.09 acres and includes six buildings totaling about 12,448 square feet under roof.
- Located in Belleair Bluffs, FL, the site serves an affluent trade area and has strong visibility within a thriving retail corridor.
- The project hosts a diverse tenant mix, including boutiques, antiques, apparel shops, and artisan retailers.
- Features significant street presence, strong signage, and ample paved parking with a 7.29 parking ratio (20 front spaces and 15 rear spaces).
Executive Summary
Created in the late 1950’s, the Antique Alley in Belleair Bluffs, FL has been a beehive of retail activity ever since. Over the years, The Alley was often an incubator for retailers that began there and then moved on to larger retail footprints in the same booming trade market. The Shops on The Alley now include an eclectic mix with a wide variety of products and services, but with a common thread. Each provide something that is unique and hard to find elsewhere.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,448 SF
Building Class
C
Year Built/Renovated
1951/1985
Price
$2,415,122 CAD
Price Per SF
$194.02 CAD
Cap Rate
6%
NOI
$144,890 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.09 AC
Zoning
ROR - Residential Office Retail
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-29-15-92556-000-0043 | Improvements Assessment | $477,494 CAD |
| Land Assessment | $744,274 CAD | Total Assessment | $1,221,768 CAD |
Property Taxes
Parcel Number
32-29-15-92556-000-0043
Land Assessment
$744,274 CAD
Improvements Assessment
$477,494 CAD
Total Assessment
$1,221,768 CAD
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Antique Alley | 580 Indian Rocks Rd N
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