Status   SOLD  
28540 US Highway 19, Clearwater,, FL, 33761 United States sold
$1,395,000
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List Date11/5/2015
TypeRetail Space
StyleRetail
AreaClearwater
Square Footage29999.7
Lot Size.69
Age21
ParkingLess than 50
Taxes$21,847.67
Description: Excellent Net Leased Investment Property with two tenants and very well maintained property. Located on busy US Hwy 19 between Clearwater and Palm Harbor.

* Offered at an 8.25% Cap Rate.
* The property is comprised of two buildings, one is 4008 SF (restaurant) and the other is 2700 SF (batteries plus).
* Excellent Visibility on US Hwy 19, the main retail corridor in the area.
* The Asian restaurant has been in place for approximately 8 years and has expanded in that time.
* The Batteries Plus, a national franchise, has been in place for 8 years and excercised their second option in 2013. The third option runs through 2022 with 3% lease escalations.
* There is a revenue generating billboard on the property mounted to the rear of the property.
* Ingress and egress from US Hwy 19 is very good.
* Excellent, spacious parking with over 5 spaces per thousand SF.