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7509 46th Ave N 5,682 SF 100% Leased Retail Building Saint Petersburg, FL 33709 $2,344,491 CAD ($412.62 CAD/SF) 7% Cap Rate



Investment Highlights
- Heavy daytime foot traffic
- Roof redone recently
- In upcoming area
- Parking lot redone recently
- Longtime established tenants
Executive Summary
Fully Leased Multi-Tenant Retail Investment Opportunity
Exceptional opportunity to acquire a 100% leased, six-unit retail center in a high-traffic St. Petersburg corridor. This well-established neighborhood plaza is anchored by long-term tenants and offers stable, proven income with upside potential in a rapidly developing area.
Property Highlights:
6 Units | 100% Occupied
Longtime, established tenant base
Tenants maintain interior spaces; landlord maintains exterior
Roof replaced in 2017
Open parking lot with ample parking, resurfaced in 2019
Prominent exterior signage
Strong neighborhood presence with consistent foot and vehicle traffic
Tenant Strength:
Grocery Store Anchor
Owner with 25+ years in the industry
Annual sales exceeding $1,000,000
Recently remodeled interior
Beauty Salon – Tenant in place for 30+ years
Bait & Tackle Shop – Successfully expanded into two units
Diverse mix of service and retail tenants providing steady consumer draw
Location & Growth:
Situated in a densely populated neighborhood experiencing ongoing development and revitalization, the property benefits from strong local demographics and continued area investment.
Exceptional opportunity to acquire a 100% leased, six-unit retail center in a high-traffic St. Petersburg corridor. This well-established neighborhood plaza is anchored by long-term tenants and offers stable, proven income with upside potential in a rapidly developing area.
Property Highlights:
6 Units | 100% Occupied
Longtime, established tenant base
Tenants maintain interior spaces; landlord maintains exterior
Roof replaced in 2017
Open parking lot with ample parking, resurfaced in 2019
Prominent exterior signage
Strong neighborhood presence with consistent foot and vehicle traffic
Tenant Strength:
Grocery Store Anchor
Owner with 25+ years in the industry
Annual sales exceeding $1,000,000
Recently remodeled interior
Beauty Salon – Tenant in place for 30+ years
Bait & Tackle Shop – Successfully expanded into two units
Diverse mix of service and retail tenants providing steady consumer draw
Location & Growth:
Situated in a densely populated neighborhood experiencing ongoing development and revitalization, the property benefits from strong local demographics and continued area investment.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,682 SF
Year Built/Renovated
1973/2000
Price
$2,344,491 CAD
Price Per SF
$412.62 CAD
Cap Rate
7%
NOI
$164,183 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.46 AC
Zoning
General Retail/Office
Frontage
166’ on 46th Ave N
Amenities
- Bus Line
- Pylon Sign
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Arcade and Games
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Beauty
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Last Cast Baits and Tackle
- Agriculture, Forestry, Fishing and Hunting
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Quick Food and Deli
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Arcade and Games | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Beauty | Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Last Cast Baits and Tackle | Agriculture, Forestry, Fishing and Hunting | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Quick Food and Deli | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-31-16-52290-000-0051 | Improvements Assessment | $314,273 CAD |
| Land Assessment | $280,472 CAD | Total Assessment | $594,745 CAD |
Property Taxes
Parcel Number
06-31-16-52290-000-0051
Land Assessment
$280,472 CAD
Improvements Assessment
$314,273 CAD
Total Assessment
$594,745 CAD
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Videos
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Photos
Street View
Street
Map
Presented by
Nispero Property
7509 46th Ave N
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