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Multi-Tenant Shopping Center
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801 Central Ave, St Petersburg, FL 33701

Recently built retail condominium with seven tenants, prominent corner positioning, and strong pedestrian connectivity in downtown St. Petersburg.

Property Size32,542 SF
Days on Market142

Property Features for 801 Central Ave

General Information

Standard status Active
Size 32,542 SF
Property subtype Retail
Occupancy 87%

Additional Details

Corner Location Yes

Building Details

Year Built 2021
Tenancy Multi
Listing Agency: JLL Miami | Brickell Avenue
Listed By: Max Lescano · License #FL SL3416242
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 10:16PM

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 JLL Miami | Brickell Avenue

Investment Insights

Based on property information with market context.

Built in 2021, this 32,542-square-foot retail condominium comprises a multi-tenant shopping center with seven tenants and 87.4% leased occupancy. The property occupies three hard corners at Central Avenue and Dr. Martin Luther King Street, with nearly 300 feet of frontage along Central Avenue. Its 7.8-year WALT provides a defined leasing profile for prospective owners evaluating the existing tenancy.

The property sits in downtown St. Petersburg along the city’s primary urban corridor. A 94 Walk Score and its position at the intersection of two downtown streets support convenient pedestrian access. The combination of condominium ownership, multiple retail occupants, and substantial Central Avenue frontage creates a clearly defined commercial asset within the downtown environment.

Key Highlights

  • 32,542‑square‑foot multi‑tenant retail condominium
  • Built in 2021 with 87.4% leased occupancy
  • Seven tenants with 7.8‑year WALT

Property Analytics

Current Use

801 S Central ... Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Arcade & Gaming Center Restaurant Florist

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

87.4%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,064
Businesses Nearby
63k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Groceries 32% Hotels & Casinos 12% Electronics 4%
Publix Groceries
20,044 visits/mo 0.2 miles
Sunoco Shops & Services
13,809 visits/mo 0.4 miles
Moxy Hotels Hotels & Casinos
5,051 visits/mo 0.2 miles
Regions Bank Shops & Services
4,329 visits/mo 0.4 miles
Family Dollar Shops & Services
3,621 visits/mo 0.2 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Recently built retail condominium with seven tenants, prominent corner positioning, and strong pedestrian connectivity in downtown St. Petersburg.
Where is this shopping center located?
The property is located at 801 Central Ave St Petersburg, FL.
What are key features of this property?
This property features: 32,542‑square‑foot multi‑tenant retail condominium; Built in 2021 with 87.4% leased occupancy; Seven tenants with 7.8‑year WALT
(305) 704-1403 Call to check price and availability
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