Retail Strip with
8601 49th Street North Pinellas Park, FL 33782
For Sale
Contact for pricing
9,600-SF retail strip mall available for purchase.
Property Size9,600 SF
Price / SF$229.17
Days on Market68
Property Features for 8601 49th Street North
General Information
Standard status
Active
Size
9,600 SF
Property subtype
Retail
Listing Agency:
Marcus & Millichap | The Patel Yozwiak Group
(813) 387-4700
Listed By:
Samantha Kelley · License #SL3588576
Source:
Crexi
Added: May 21
Changed: Jul 10
Last Checked: Jul 27 at 2:20AM
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 Marcus & Millichap | The Patel Yozwiak Group
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 9,600-square-foot retail strip mall. The property is suitable for retail and other commercial uses.
Key Highlights
- 9,600‑sf retail strip
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 | $144.0k | $15.00 |
| − Vacancy | −$9.4k | −$0.98 |
| EGI | $134.6k | $14.03 |
| − OpEx | −$40.4k | −$4.21 |
| NOI | $94.2k | $9.82 |
9,600 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.57M
NOI $94,248 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M
NOI $174,792 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - 9,600-SF retail strip mall available for purchase.
Where is this strip mall located?
The property is located at 8601 49th Street North Pinellas Park, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 9,600‑sf retail strip
