Corner Multi-Tenant Retail
5400 N Park Blvd Pinellas Park, FL 33781
5400 N Park Blvd, Pinellas Park, FL, 33781
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For Sale
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Multi-tenant retail building on a corner lot with two-way access and 50,000+ VPD visibility along Park Blvd.
Days on Market103
Property Features for 5400 N Park Blvd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
The TRG Group
Listed by
Tony Nguyen · License #SL3326908
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 11:25PM Checked: Jul 22 at 11:25PM
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 The TRG Group
Investment Insights
Based on property information with market context.
This is an extremely well-located, multi-tenant retail building with six tenants in place. The property is configured to support strong day-to-day customer access, with excellent ingress and egress and median cuts that facilitate parking and entry from both directions. Visibility is positioned along a busy traffic thoroughfare.
The building is set up with tenants reimbursing all operating expenses, including management and an admin fee. Only one gross lease is currently in place, with Redwing paying a $15 gross rate; the stated market gross rate is $18 NNN. Redwing’s lease expires in 2023, and fixed rental increases apply to all leases in place. Located in Florida, the offering notes there is no state income tax.
The building is set up with tenants reimbursing all operating expenses, including management and an admin fee. Only one gross lease is currently in place, with Redwing paying a $15 gross rate; the stated market gross rate is $18 NNN. Redwing’s lease expires in 2023, and fixed rental increases apply to all leases in place. Located in Florida, the offering notes there is no state income tax.
Key Highlights
- Multi‑tenant retail building with 6 tenants in place
- Corner lot on Park Blvd with median cuts for parking and access and both westbound and eastbound ingress/egress
- High visibility on a busy traffic thoroughfare with 50,000+ VPD along Park Blvd
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
What type of property is this?
Shopping center - Multi-tenant retail building on a corner lot with two-way access and 50,000+ VPD visibility along Park Blvd.
Where is this shopping center located?
The property is located at 5400 N Park Blvd Pinellas Park, FL.
What are key features of this property?
This property features: Multi‑tenant retail building with 6 tenants in place; Corner lot on Park Blvd with median cuts for parking and access and both westbound and eastbound ingress/egress; High visibility on a busy traffic thoroughfare with 50,000+ VPD along Park Blvd