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Retail Shopping Center with Strong Cross-Shopping
For Sale
$5,000,000

280 Windward Passage, Clearwater, FL 33767

Windward Plaza fronts Windward Passage near a signalized intersection with 14,000 vehicles per day.

Property Size8,747 SF
Price / SF$571.62
Days on Market50

Property Features for 280 Windward Passage

General Information

Standard status Active
Size 8,747 SF
Property subtype Shopping Neighborhood

Additional Details

Traffic Count 14,000 vehicles/day

Amenities

VALUE-ADD UPSIDE –BELOW MARKET RENTS / GROSS LEASES Windward Plaza has a gross average Rent/SF of $31.07, well below the market rents achievable in the Island Estates/Clearwater Beach corridor. All te
FULLY OCCUPIED / STAGGERED LEASE ROLLOVER The center is 100% leased across 7 tenants with staggered lease expirations from 2027 through 2031, reducing rollover risk and providing an investor with oppo
IRREPLACEABLE INFILL SITE At ±0.67 acres within the tightly-held Island Estates community, Windward Plaza offers a rare opportunity to acquire retail real estate in a supply-constrained, highly afflue

Building Details

Building Size 8,747 SF
Year Built 1969
Listing Agency: Marcus & Millichap
Listed By: Frank Simcic · License #License(s): FL: SL3553824
Source: Marcusmillichap
Added: Jul 17 Changed: Aug 22 Last Checked: Sep 4 at 2:22AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Windward Plaza is a retail shopping center positioned to benefit from cross-shopping traffic generated by a strong-performing, corporately owned, Publix-anchored center next door. The property fronts Windward Passage near the signalized intersection with Island Way, with approximately 14,000 vehicles per day, and the Clearwater Causeway is just moments away.

Located on Island Estates in Clearwater, FL, Windward Plaza is minutes from Clearwater Beach, a barrier island area with more than 15 million annual visitors. The center is across the street from the Clearwater Marine Aquarium and is within close proximity to multiple resort hotels, including the Hilton, Hyatt Regency, Wyndham Grand, JW Marriott, and Sandpearl Resort.

From an access and exposure standpoint, the property’s frontage along Windward Passage and its proximity to major regional routes support consistent visibility for retail activity tied to the surrounding visitor and resort environment.

Key Highlights

  • Year built: 1969
  • Property fronts Windward Passage near a signalized intersection with ~14,000 vehicles per day
  • Clearwater Causeway is just moments away with ~36,500 VPD

Property Analytics

Current Use

The Market at Island Estates Food Market

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Repair Shop Dental Office Plumbing Service Barber Shop Computer & Electronic Repair

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

14,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33767, FL

8,462
Population
8,806
Households
1
Avg Household Size
64
Median Age
55%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
4,231
Density / Sq Mi
$105,662
Median Household Income
$76,977
Median Earnings
$2,033
Median Rent
$704,800
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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Similar Off Market Nearby

  • Pelican Walk Plaza Clearwater Beach Florida 483 Mandalay Ave, Clearwater, FL 33767

Frequently Asked Questions

What type of property is this?
Shopping center - Windward Plaza fronts Windward Passage near a signalized intersection with 14,000 vehicles per day.
Where is this shopping center located?
The property is located at 280 Windward Passage Clearwater, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Year built: 1969; Property fronts Windward Passage near a signalized intersection with ~14,000 vehicles per day; Clearwater Causeway is just moments away with ~36,500 VPD
More about this property
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