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Aura Executive Center 695 Central Ave

15,486 SF 100% Leased Retail Building Saint Petersburg, FL 33701 For Sale

Investment Highlights

  • Strong national & successful local tenants including Melting Pot, IMAGE Studios and Southern Grounds Coffee 
  • Three of the current tenants have new 10-year NNN leases, while one has a 3-year NNN lease (to be executed upon closing)
  • The property is in the heart of downtown St. Petersburg, a highly desirable location with opportunities rarely becoming available to investors
  • Possibility for an end user acquisition with income 
  • Each lease has 10% increases every 5 years through the original term and option periods
  • 101,137 population within a 3-mile radius  

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
15,486 SF
Building Class
B
Year Built/Renovated
1923/2024
NOI
£538,535
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.69
Lot Size
0.21 AC
Zoning
CD-1, St Petersburg
Frontage
80 ft on Central
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Biker's Paradise (98)
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.®

Nearby Major Retailers

Orangetheory Fitness
Publix
Burgerfi
Maple Street Biscuit Company
Caribou Coffee
Ymca
Starbucks
Regions Bank
Suncoast Credit Union
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-31-17-34218-000-0020
Land Assessment
£1,438,362
Improvements Assessment
£1,200,433
Total Assessment
£2,638,795
  • Listing ID: 34212124

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 695 Central Ave, Saint Petersburg, FL 33701

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