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Investment Highlights

  • Major east-west thoroughfare from downtown to beaches
  • Adjacent to dense residential areas
  • Well-established mixed use commercial district

Executive Summary

INVESTMENT INCOME or REDEVELOPMENT SITE! This 4-unit strip shopping center is located on Central Avenue in west St. Petersburg, just southeast of the Tyrone area. The corridor is a well-established mixed-use commercial district with medical offices, neighborhood retail, restaurants, and service businesses. The current long-time tenants have leases extending into 2028, 2029, and 2031, and include a medical therapy center, a pizza and subs shop, a pet salon, and a hair salon. This location has strong daily traffic volumes, is adjacent to a dense, well-established residential neighborhood, and fronts on Central Avenue, which is St. Petersburg’s primary east-west corridor between downtown St. Petersburg and the Gulf Beaches. The building is in excellent condition with no deferred maintenance, and a brand new roof was installed in 2025. Complete financial information is available from the listing agent, and the owner may consider a purchase money mortgage sale to a well-qualified buyer. An NDA is included in the attachments and is required for disclosure of income and expenses. This offering is only available because the owner is ready to retire and may be relocating out of state.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,352 SF
Building Class
B
Year Built
1974
Price
$4,160,508 CAD
Price Per SF
$498.15 CAD
Cap Rate
3.40%
NOI
$141,457 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.67 AC
Zoning
Commerccial - Commercial/Retail
Parking
40 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
265’ on Central Ave

Amenities

  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • A J herapy Center, Inc
  • Health Care and Social Assistance
  • 2,268 SF
  • -
  • Triple Net
  • Jun 2029
  • Fuzzy & Furries
  • Retailer
  • 2,450 SF
  • -
  • Triple Net
  • Apr 2028
  • Paulo's Pizza and Subs, Inc.
  • Accommodation and Food Services
  • 1,681 SF
  • -
  • Triple Net
  • Mar 2031
  • Roots Salon
  • Services
  • 1,953 SF
  • -
  • Triple Net
  • Apr 2028
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
A J herapy Center, Inc Health Care and Social Assistance 2,268 SF - Triple Net Jun 2029
Fuzzy & Furries Retailer 2,450 SF - Triple Net Apr 2028
Paulo's Pizza and Subs, Inc. Accommodation and Food Services 1,681 SF - Triple Net Mar 2031
Roots Salon Services 1,953 SF - Triple Net Apr 2028
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Truist
BankUnited
First Citizens Bank
First Horizon Bank
Chase Bank
Bank of America
keke's breakfast cafe
Anytime Fitness
Club Pilates
Crunch Fitness

Property Taxes

Property Taxes

Parcel Number
20-31-16-98505-001-0010
Land Assessment
$785,763 CAD
Improvements Assessment
$852,900 CAD
Total Assessment
$1,638,662 CAD
  • Listing ID: 41465859

  • Date on Market: 2026-07-28

  • Last Updated:

  • Address: 6295-6299 Central Ave N, Saint Petersburg, FL 33710

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