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Single-Tenant Restaurant Property
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3510 Central Avenue, St Petersburg, FL 33711

Single-tenant Church's Chicken is offered with an absolute NNN lease and remaining term with multiple options.

Property Size1,698 SF
Lot Size0.23 Acres
Days on Market126

Property Features for 3510 Central Avenue

General Information

Standard status Active
Size 1,698 SF
Lot size 0.23 Acres
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: NNN Investment Advisors
Listed By: Lorrie Garbarz · License #FL BK316389
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 10:20PM

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 NNN Investment Advisors

Investment Insights

Based on property information with market context.

This for-sale single-tenant restaurant property is currently leased to Church's Chicken under a corporate-guaranteed, absolute NNN structure. The original lease term has approximately eight years remaining, with four (4) five-year options and 1.5% annual rent increases during both the original term and option periods.

The site is on a 10,000 SF lot and includes a 1,698 SF restaurant building. It is located on Central Ave N at the corner of 35th St. S., in a retail-heavy area with nearby national retailers including Burger King, CVS, Walgreens, Checkers, Goodwill, Super Walmart, and AutoZone.

The property is presented as an income-focused investment based on the described lease terms and corporate guarantee.

Key Highlights

  • Single‑tenant Church's Chicken on an absolute NNN lease with a corporate guarantee
  • Approximately 8 years remaining on the original lease term, plus four (4) five‑year options
  • 1.5% annual rent increases during the original term and option periods

Property Analytics

Current Use

Church's Texas Chicken Restaurant F&N Roofing Services Roofing Company

Suggested Use

Top Pick Dental Office Electrical Service Computer & Electronic Repair Florist (Bike/Boat/Book/etc) Store Food Market

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,936
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 25% Electronics 3% Apparel 2%
Circle K Shops & Services
22,509 visits/mo 0.4 miles
Dollar Tree Shops & Services
15,221 visits/mo 0.0 miles
Burger King Dining
13,729 visits/mo 0.1 miles
7-Eleven Shops & Services
9,936 visits/mo 0.5 miles
Checkers Dining
8,042 visits/mo 0.1 miles

Demographics for 33711, FL

20,121
Population
9,522
Households
2.1
Avg Household Size
41
Median Age
32%
College-Educated
96%
High-School Grad
4.7 sq mi
ZIP Area
4,281
Density / Sq Mi
$68,295
Median Household Income
$27,156
Median Earnings
$1,819
Median Rent
$253,100
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

  • Blue Benjamin's Seafood 2680 5th Ave S, St. Petersburg, FL 33712

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-tenant Church's Chicken is offered with an absolute NNN lease and remaining term with multiple options.
Where is this conventional restaurant located?
The property is located at 3510 Central Avenue St Petersburg, FL.
What are key features of this property?
This property features: Single‑tenant Church's Chicken on an absolute NNN lease with a corporate guarantee; Approximately 8 years remaining on the original lease term, plus four (4) five‑year options; 1.5% annual rent increases during the original term and option periods
More about this property
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