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Renovated Retail Spaces in Clearwater
For Lease
$20,520 NNN (Triple Net) + CAM $4.25 /SF/Yr

1861 N Highland Ave, Clearwater, FL 33755

Retail leasing opportunities in Sunset Square near downtown Clearwater.

Space SizeContact for details
Property Size2,400 SF
Lot Size2.86 Acres
Days on Market3161

Property Features for 1861 N Highland Ave

General Information

Standard status Active
Size 2,400 SF
Lot size 2.86 Acres

Taxes and HOA fees

Annual Taxes $36,172
Listing Agency: bay street commercial llc
Listed By: Michael Braccia, PA · License #3033512
Source: Exprealty
Added: Dec 13, 2017 Changed: Aug 8 Last Checked: Aug 8 at 1:03PM

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 bay street commercial llc

Investment Insights

Based on property information with market context.

Excellent retail leasing opportunities are available in the newly renovated Sunset Square Shopping Center, conveniently located near the heart of downtown Clearwater with access via Sunset Point Road or North Highland Avenue. The redevelopment included the transition of a large end-cap retail box into Clearwater Storage, which increases parking availability. The shopping center features a new anchor tenant, Planet Fitness, expected to drive consumer presence. Current national retailers include CVS, Subway, and Checkers. The plaza is adjacent to a Walmart Neighborhood Market and Dunkin Donuts. Available spaces include: 1893, offering 1,050 square feet at $15.00 per square foot per year NNN, plus CAM of $4.25, with an initial estimated monthly rent of $1,684, plus applicable sales tax; 1865, offering 2,000 square feet at $9.95 per square foot per year NNN, plus CAM of $4.25, with an initial estimated monthly rent of $2,367, plus applicable sales tax; and 1871/1875, offering 2,400 square feet at $12.00 per square foot per year NNN, plus CAM of $4.25, with an initial estimated monthly rent of $3,250, plus applicable sales tax. Parking is available at a ratio of 5 per 1000 square feet. Estimated CAM is $4.25.

Key Highlights

  • Newly renovated Sunset Square Shopping Center, featuring Planet Fitness, which significantly increases consumer traffic.
  • Abundant parking with a ratio of 5 spaces per 1000 square feet.
  • Conveniently located near downtown Clearwater, easily accessible via Sunset Point Road or North Highland Avenue.

Property Analytics

Current Use

Meaningful Productions Nightclub Clearwater Storage Storage Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type
$4.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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Similar Off Market Nearby

  • Betty Lane Shopping Center 1411 n betty ln, clearwater, fl 33755
  • BETTY LANE INVESTIT SHOPPING CENTER 1407 N Betty Ln, Clearwater, FL 33755
  • Highlands Shopping Center Highlands Shopping Center, 1831-1841, N Highland Ave, Clearwater, FL 33755

Frequently Asked Questions

What type of property is this?
Shopping center - Retail leasing opportunities in Sunset Square near downtown Clearwater.
Where is this shopping center located?
The property is located at 1861 N Highland Ave Clearwater, FL.
What is the lease rate?
The lease rate is $20,520.
What are key features of this property?
This property features: Newly renovated Sunset Square Shopping Center, featuring Planet Fitness, which significantly increases consumer traffic.; Abundant parking with a ratio of 5 spaces per 1000 square feet.; Conveniently located near downtown Clearwater, easily accessible via Sunset Point Road or North Highland Avenue.
More about this property
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