845 4th St N St Petersburg, FL 33701

Listing agency Sands Investment Group Los Angeles

Listed by Dan Hoogesteger · License #CA 01376759

Source Crexi

Added: Apr 11 Updated: Jul 22 at 4:33PM Checked: Jul 22 at 4:33PM

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Investment Insights

Based on property information with market context.

Sands Investment Group is pleased to exclusively offer for sale a single-tenant, absolute NNN CVS at 845 4th St N, St. Petersburg, FL 33701. The property has approximately 19 years remaining on the base term of the lease, and includes rare 5% increases at each of the first four (5-year) option periods. The building features a double-lane drive-thru and sits on over 1.26 acres of land. The CVS location is open 24 hours a day.

The store is situated at a signalized corner on 4th Street N and 9th Avenue N in the heart of St. Petersburg (Tampa MSA). The remarks note two major medical facilities within a 1.5-mile radius. The lease is with CVS, identified in the offering materials with an investment-grade credit rating of BBB (S&P Global Ratings).

Key Highlights

• Single‑tenant CVS on a signalized corner of 4th Street N and 9th Avenue N in St. Petersburg, FL (Tampa MSA)
• Absolute NNN lease structure with approximately 19 years remaining on the base term
• Double‑lane drive‑thru building on over 1.26 acres of land

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FAQs

What type of property is this?

NNN property - Single-tenant CVS property with double-lane drive-thru at a signalized corner, with substantial base-term lease remaining.

Where is this nnn property located?

The property is located at 845 4th St N St Petersburg, FL.

What are key features of this property?

This property features: Single‑tenant CVS on a signalized corner of 4th Street N and 9th Avenue N in St. Petersburg, FL (Tampa MSA); Absolute NNN lease structure with approximately 19 years remaining on the base term; Double‑lane drive‑thru building on over 1.26 acres of land