4901 Central Avenue, St Petersburg, FL 33710
Family Dollar occupies a retail building on a corporate double-net lease at a signalized corner in St. Petersburg.
- Added:
- Jun 18, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 24 at 2:03 am
Property Features for 4901 Central Avenue
General Information
- Standard status
- Active
- Size
- 10,908 SF
- Lot size
- 1.40 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing office Bridgewater Commercial Real Estate (727) 641-5736
Listing date Jun 18, 2026
Source Crexi
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 Bridgewater Commercial Real Estate
HighLights
- Family Dollar occupies the property on a corporate double‑net (NNN) lease
- Rent is described as well below market for the Central Avenue corridor
- ±1.4‑acre corner lot between two signalized intersections on Central Avenue
- Retail building at 4901 Central Avenue in St. Petersburg
- SunRunner transit overlay noted for long‑term location upside and redevelopment potential
Overview
The property is positioned as a corner site on Central Avenue in St. Petersburg, Florida, providing access from both directions. The location is also described in the remarks as benefiting from the planned SunRunner transit overlay.
For buyers seeking a retail asset with an active national tenant, this property offers an operating, leased building alongside meaningful land area for future consideration. Tenants and brokers will also note that the double-net structure places the day-to-day property cost responsibility on the tenant under the existing lease terms.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.6k | $15.00 |
| − Vacancy | −$10.6k | −$0.98 |
| EGI | $153.0k | $14.03 |
| − OpEx | −$45.9k | −$4.21 |
| NOI | $107.1k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.700984
- Latitude
- 27.771215
