NNN Strip Retail
For Sale
Contact for pricing
654 Central Ave, St Petersburg, FL 33701
The center combines multiple established tenants with NNN lease structures.
Property Size15,858 SF
Days on Market143
Property Features for 654 Central Ave
General Information
Standard status
Active
Size
15,858 SF
Property subtype
Retail
Site & Location
Frontage
160 ft
Corner Location
Yes
Building Details
Tenancy
Multi
Listing Agency:
Franklin Street Tampa
(813) 658-3359
Listed By:
Anthony Suarez · License #FL 3390004
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:55PM
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 Franklin Street Tampa
Investment Insights
Based on property information with market context.
This retail center contains 15,858 square feet and is occupied by five established tenants. NNN lease structures are in place, with annual rent escalations of 2.5% to 3% for the tenants generally; Maple Street Biscuit Company has a 10% base-rent increase every five years.
The property is located at 654 Central Ave in Downtown St. Petersburg, along the Central Avenue corridor. It offers 160 feet of frontage and has a Walk Score of 95, with downtown destinations accessible on foot within 25 minutes.
The property is located at 654 Central Ave in Downtown St. Petersburg, along the Central Avenue corridor. It offers 160 feet of frontage and has a Walk Score of 95, with downtown destinations accessible on foot within 25 minutes.
Key Highlights
- 15,858‑square‑foot strip center with five established tenants
- NNN leases in place across the tenant roster
- Annual rent escalations of 2.5%-3% for most tenants
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,869
Businesses Nearby
128k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Leisure 22%
Shops & Services 22%
Dining 7%
Publix
Groceries
34,887 visits/mo
0.3 miles
AMC Sundial 20 & IMAX
Leisure
28,557 visits/mo
0.5 miles
Publix
Groceries
20,044 visits/mo
0.2 miles
Bank of America
Shops & Services
5,760 visits/mo
0.3 miles
Slice
Dining
5,323 visits/mo
0.3 miles
Demographics for 33701, FL
19,137
Population
13,434
Households
1.4
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
7,088
Density / Sq Mi
$69,098
Median Household Income
$48,072
Median Earnings
$1,531
Median Rent
$590,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - The center combines multiple established tenants with NNN lease structures.
Where is this strip mall located?
The property is located at 654 Central Ave St Petersburg, FL.
What are key features of this property?
This property features: 15,858‑square‑foot strip center with five established tenants; NNN leases in place across the tenant roster; Annual rent escalations of 2.5%-3% for most tenants
