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Retail Center with Covered Patio

2970 Gulf To Bay Boulevard, Clearwater, FL 33759

For Sale
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Three occupants hold NNN leases, including an end-cap restaurant with a covered outdoor seating area.

Property Size8,186 SF
Price / SF$671.88
Days on Market41

Property Features for 2970 Gulf To Bay Boulevard

General Information

Standard status Active
Size 8,186 SF
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 61,000 vehicles/day
Tenant in Place Yes

Building Details

Year Built 1972
Year Renovated 2021
Tenancy Multi
Listing Agency: KW Commercial
Listed By: Jack Bataoel · License #SL3390114
Source: Crexi
Added: Sep 30 Changed: Nov 8 Last Checked: Nov 8 at 4:31PM

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 KW Commercial

Rey
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Investment Insights

Based on property information with market context.

This 8,186 SF multi-tenant retail center was constructed in 1972 and renovated in 2021. Three tenants occupy the property under NNN leases: Dunkin' at the end cap, PT Solutions in the center unit, and Skinology at the east end. The Dunkin' space includes a covered patio, and its lease extends through 2037.

The center fronts Gulf to Bay Blvd (SR 60), a corridor carrying approximately 61,000 vehicles per day. It is directly across from Linz Bayview and Bainbridge Bayview, which together contain 681 newly delivered apartment units. Within two miles, the area has a median age of 44.5 and more than 15,000 daytime employees.

Key Highlights

  • Three retail tenants occupy the center under NNN leases
  • 8,186 SF; built in 1972 and renovated in 2021
  • Dunkin' occupies the end cap with a covered patio; lease runs through 2037

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Skinology Wellness & Aesthetics Spa & Massage Center Dunkin' Bakery Clear Channel Outdoor ... Media Distribution Millennium Air Duct ... Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Real Estate Agency Auto Parts 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

61,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33759, FL

18,316
Population
8,821
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
91%
High-School Grad
5.3 sq mi
ZIP Area
3,456
Density / Sq Mi
$63,804
Median Household Income
$46,213
Median Earnings
$1,771
Median Rent
$295,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Clearwater Mall — 20505 US Hwy 19 N, Clearwater, FL 33764

Frequently Asked Questions

What type of property is this?
Shopping center - Three occupants hold NNN leases, including an end-cap restaurant with a covered outdoor seating area.
Where is this shopping center located?
The property is located at 2970 Gulf To Bay Boulevard Clearwater, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Three retail tenants occupy the center under NNN leases; 8,186 SF; built in 1972 and renovated in 2021; Dunkin' occupies the end cap with a covered patio; lease runs through 2037
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