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NNN Gas Station and Convenience Store
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1194 NE Cleveland St, Clearwater, FL 33755

A fuel-and-retail property leased under a 20-year absolute NNN structure with a Go Market store component.

Property SizeContact for details
Days on Market143

Property Features for 1194 NE Cleveland St

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 7%
Road Access Yes
Listing Agency: Colliers - Fort Lauderdale, Florida
Listed By: Christopher Twist
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 8:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Fort Lauderdale, Florida

Investment Insights

Based on property information with market context.

This Clearwater property combines a gas station with an on-site Go Market convenience store, creating a fuel-and-retail commercial format. The asset is subject to a 20-year absolute NNN lease, providing a defined long-term lease structure for the purchaser. The source information also identifies a 7.0 cap rate.

The property is located at 1194 NE Cleveland St and sits at the intersection of NE Cleveland Street and Drew Street. It is described as being in an urban area with high vehicular traffic, minutes from Downtown Clearwater and Clearwater Beach. The site’s retail component offers snacks and everyday goods alongside the fuel operation.

Key Highlights

  • Gas station with an on‑site Go Market convenience store
  • 20‑year absolute NNN lease
  • 7.0 cap rate

Property Analytics

Current Use

Sandwichi Restaurant Shell Gas Station Drew Gas Express Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Store Tanning Salon Pet Store & Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,202
Businesses Nearby

Demographics for 33755, FL

28,360
Population
11,872
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$59,613
Median Household Income
$36,206
Median Earnings
$1,340
Median Rent
$300,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - A fuel-and-retail property leased under a 20-year absolute NNN structure with a Go Market store component.
Where is this gas station located?
The property is located at 1194 NE Cleveland St Clearwater, FL.
What are key features of this property?
This property features: Gas station with an on‑site Go Market convenience store; 20‑year absolute NNN lease; 7.0 cap rate
(561) 602-8390 Call to check price and availability
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