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2180 4th St N

4,148 SF Retail Building Saint Petersburg, FL 33704 £3,412,519 (£823/SF) 4% Net Initial Yield

Investment Highlights

  • NNN Investment Opportunity
  • 4% cap rate
  • 5 year term with escalations

Executive Summary

Lake Michigan Credit Unit purchased Pilot Bank! they have just exercised their 1 of 2 - 5 year options with 3% annual increases! Single user, . This is the NNN investor's dream.

Attachments

4th st Bank pilot

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,148 SF
Building Class
B
Year Built
1974
Price
£3,412,519
Price Per SF
£823
Net Initial Yield
4%
NOI
£136,501
Tenancy
Single
Number of Floors
2
Building FAR
0.20
Lot Size
0.47 AC
Zoning
CCT-2 - corridor commercial traditional
Parking
20 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
226 ft on 22nd Ave

Amenities

  • Signalised Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Pilot Bank
  • -
  • -
  • -
  • Oct 2023
Tenant Industry SF OCCUPIED RENT/SF Lease End
Pilot Bank - - - Oct 2023
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2180 4th St N, Saint Petersburg, FL - aerial map view
Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Rally
First Watch
CAVA
F45 Training, Inc.
Outback Steakhouse
Trader Joe's
The Fresh Market
Snap Fitness 24/7
Winn-Dixie
Jazzercise

PROPERTY TAXES

Parcel Number 18-31-17-18792-001-0010 Improvements Assessment £376,845
Land Assessment £867,250 Total Assessment £1,244,096

PROPERTY TAXES

Parcel Number
18-31-17-18792-001-0010
Land Assessment
£867,250
Improvements Assessment
£376,845
Total Assessment
£1,244,096
(727) 723-3771 x329

Contact

  • Listing ID: 14503205

  • Date on Market: 20/06/2023

  • Last Updated:

  • Address: 2180 4th St N, Saint Petersburg, FL 33704

The Retail Property at 2180 4th St N, Saint Petersburg, FL 33704 is currently available for sale. Contact European Equities Corporation for more information.

Nearby Listings

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2180 4th St N, Saint Petersburg, FL for sale Building Photo- Image 1 of 8
Building Photo
2180 4th St N, Saint Petersburg, FL for sale Building Photo- Image 2 of 8
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2180 4th St N, Saint Petersburg, FL for sale Building Photo- Image 3 of 8
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2180 4th St N, Saint Petersburg, FL for sale Building Photo- Image 4 of 8
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2180 4th St N, Saint Petersburg, FL for sale Building Photo- Image 5 of 8
Entrance
2180 4th St N, Saint Petersburg, FL for sale Interior Photo- Image 6 of 8
Lobby - Pilot Bank
2180 4th St N, Saint Petersburg, FL for sale Aerial- Image 7 of 8
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© 2024 CoStar Group

2180 4th St N
(727) 723-3771 x 329

2180 4th St N

Chris Niewiarowski

(727) 723-3771

x329

(727) 723-3771 x329

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