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4800 Park Blvd Pinellas Park, FL 33781

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For Sale
$6,500,000

NNN leased retail building with rental increases and options.

Property size:
21,831 SF
Lot size:
0.86 Acres

Property Features for 4800 Park Blvd

General Information

Size
21,831 SF
Lot size
0.86 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Pinellas Park Retail Opportunity

This retail property features an absolute triple-net (NNN) lease with zero landlord responsibilities. The original twenty-year lease has approximately 2.3 years remaining, with three percent rental increases annually and two, five-year options remaining. The property includes a large pylon sign along Park Blvd and is adjacent to a SimonMed Imaging Center. Access is available via Park Blvd, which sees over 48,760 vehicles per day. The site is situated on a 0.58-acre lot and includes an approximately 13,737-square-foot building with 37 parking spaces. The site formerly served six tenants. Average medical office rents are $24.45/sf within a 10-mile radius of the property.
Insight Report Location Intelligence

Current Use by Public Records

SimonMed Imaging (was ... Medical Diagnostic Imaging Center Mangat Gagandeep S ... Radiologist Patel Vimal H ... Radiologist SimonMed Imaging - Park ... Medical Diagnostic Imaging Center Gateway Superbill No ... Medical Billing Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pinellas Park
County
Pinellas
State
Florida
Longitude
-82.6987376
Latitude
27.8387271

FAQs

What type of property is this?
Retail space - NNN leased retail building with rental increases and options.
Where is this retail space located?
The property is located at 4800 Park Blvd Pinellas Park, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: - Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities; - Three Percent (3.00%) Rental Increases Annually | Two (2), Five (5)-Year Options Remaining; - Large Pylon Sign Along Park Blvd | Access Point Via Park Blvd | Over 48,760 Vehicles Per Day
More about this property
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