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Corner Multi-Tenant Retail Building
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5400 N Park Blvd, Pinellas Park, FL 33781

Multi-tenant retail building on a corner lot with two-way access and 50,000+ VPD visibility along Park Blvd.

Property SizeContact for details
Days on Market135

Property Features for 5400 N Park Blvd

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 50,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: The TRG Group
Listed By: Tony Nguyen · License #SL3326908
Source: Crexi
Added: Apr 12 Changed: Aug 15 Last Checked: Aug 14 at 7:59AM

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 The TRG Group

Investment Insights

Based on property information with market context.

This is an extremely well-located, multi-tenant retail building with six tenants in place. The property is configured to support strong day-to-day customer access, with excellent ingress and egress and median cuts that facilitate parking and entry from both directions. Visibility is positioned along a busy traffic thoroughfare.

The building is set up with tenants reimbursing all operating expenses, including management and an admin fee. Only one gross lease is currently in place, with Redwing paying a $15 gross rate; the stated market gross rate is $18 NNN. Redwing’s lease expires in 2023, and fixed rental increases apply to all leases in place. Located in Florida, the offering notes there is no state income tax.

Key Highlights

  • Multi‑tenant retail building with 6 tenants in place
  • Corner lot on Park Blvd with median cuts for parking and access and both westbound and eastbound ingress/egress
  • High visibility on a busy traffic thoroughfare with 50,000+ VPD along Park Blvd

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Pet Grooming Service Florist

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

50,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,365
Businesses Nearby
160k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 44% Home Improvements & Furnishings 3%
McDonald's Dining
31,540 visits/mo 0.2 miles
RaceTrac Shops & Services
30,013 visits/mo 0.5 miles
Culver's Dining
15,110 visits/mo 0.5 miles
SONIC Drive In Dining
14,333 visits/mo 0.5 miles
7-Eleven Shops & Services
10,411 visits/mo 0.2 miles

Demographics for 33781, FL

27,349
Population
12,370
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
82%
High-School Grad
6.6 sq mi
ZIP Area
4,144
Density / Sq Mi
$55,378
Median Household Income
$37,039
Median Earnings
$1,197
Median Rent
$251,200
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail building on a corner lot with two-way access and 50,000+ VPD visibility along Park Blvd.
Where is this shopping center located?
The property is located at 5400 N Park Blvd Pinellas Park, FL.
What are key features of this property?
This property features: Multi‑tenant retail building with 6 tenants in place; Corner lot on Park Blvd with median cuts for parking and access and both westbound and eastbound ingress/egress; High visibility on a busy traffic thoroughfare with 50,000+ VPD along Park Blvd
More about this property
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