695 Central Ave St Petersburg, FL 33701
Fully leased retail property with long-term tenants in St. Petersburg.
Property size:
15,486 SFLot size:
0.21 AcresProperty Features for 695 Central Ave
General Information
- Size
- 15,486 SF
- Lot size
- 0.21 Acres
Source:
Moodyscre
Listing Agent: Ari Ravi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Leased Retail Investment Opportunity
This retail property features four units, all of which are fully leased. Alternatively, 1,610 square feet can be occupied by an end user while collecting income from the remaining three tenants. Three of the current tenants have new 10-year NNN leases, while one has a 3-year NNN lease (to be executed upon closing), all featuring two 5-year renewal options. Each lease includes 10% increases every 5 years through the original term and option periods. The property is located at 695 Central Ave, St Petersburg, FL and has a property size of 15,486 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
IMAGE Studios - St. ...
Beauty Salon
Gulf Coast Canna ...
Alternative Medicine Practitioner
Central Openers & Springs ...
Spring Supplier
Mirela Adina Aldea, ...
Psychologist
GBTG, P.A.
Addiction Treatment Center
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.643765
- Latitude
- 27.771472
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FAQs
What type of property is this?
Strip mall - Fully leased retail property with long-term tenants in St. Petersburg.
Where is this strip mall located?
The property is located at 695 Central Ave St Petersburg, FL.
What is the asking price?
The asking price for this property is $11,395,500.
What are key features of this property?
This property features: - Opportunity for end-user occupancy of 1,610 SF while generating income from 3 existing tenants.; - Three tenants secured with new 10-year NNN leases.; - All leases include two 5-year renewal options.