8601 49th St N
Pinellas Park, FL 33782
County Center · Commerce de détail Propriété À vendre

County Center Retail Strip presents a compelling investment opportunity in the heart of Pinellas Park, located within the rapidly growing Tampa-St. Petersburg metropolitan area. Positioned on a hard, signalized corner along 49th Street North, the property enjoys excellent visibility and access to approximately 39,000 vehicles per day. This multi-tenant retail strip is fully leased to a strong mix of service and retail businesses, creating consistent cash flow while offering immediate upside potential. With existing leases nearing expiration and currently below market rates, investors have the opportunity to reposition rents or execute a redevelopment strategy for maximum value.
The property spans ±0.71 acres with B-1 Commercial zoning and features a gross leasable area of ±9,600 SF, allowing flexible operational and redevelopment options. Financially, the offering is anchored by a projected Year 2 Pro Forma Cap Rate of 7.29%, supported by stable income and potential growth through leasing adjustments.
Strategically located just 8 miles from downtown St. Petersburg and 4 miles from St. Pete–Clearwater International Airport, the asset provides exceptional connectivity via US-19. The surrounding retail corridor is thriving, with national brands such as Walmart, Home Depot, Target, Starbucks, and Publix driving significant consumer traffic. Combined with a densely populated trade area exceeding 264,000 residents within five miles, this property delivers both reliable near-term performance and long-term appreciation potential in a strong regional economy.