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2 Commercial Listings

2 Retail Properties Offered at £3,090,678 in Clearwater, FL

Investment Highlights

  • The property is located just west of the St. Pete/Clearwater Airport and has easy access to bridges to Tampa.

Executive Summary

Bay Vista Shopping Center is an attractive, 2-building development located in Pinellas County, the most dense county in the State of Florida. The property is situated in front of Bay Vista Business Park which houses the global headquarters for TD Synnex Corporation, formerly Tech Data, with 23,000 global employees.
Hard corner includes two-tenant, freestanding building with MÜV Cannabis Dispensary, one of Florida's fastest growing medical cannabis dispensaries with over 75 locations in the state. The freestanding building has an available 2,173 SF end-cap, giving investor additional upside potential. The end-cap includes an outdoor area which can easily be turned into outdoor seating for a bar or restaurant.
The recently renovated shopping center has a sizable parking field and direct visibility to Roosevelt Boulevard. Total GLA = 17,891 SF.
2% cobroker commission.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price £3,090,678
Price / SF £172.75 / SF
Net Initial Yield 6.72%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 17,891 SF
Total Land Area 6.57 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Bay Vista Retail Center
5555 Roosevelt Blvd, Clearwater, FL 33760
Retail 13,718 SF 1987 -
Bay Vista - Single Tenant
5555 Roosevelt Blvd, Clearwater, FL 33760
Retail 4,173 SF 1987 -
Show More > < Show Less
  • Listing ID: 31084427

  • Date on Market: 29/02/2024

  • Last Updated:

  • Address: 2 Commercial Listings, Clearwater, FL

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