2180 4Th St St. Petersburg, FL 33704
Sponsored
NNN Lease, 3.96% Cap Rate, High NOI
Property size:
4,148 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 2180 4Th St
General Information
- Property type
- Individual retail properties
- Square Feet
- 4,148 SF
- Lot Size
- 20,038 SF
HighLights
- 4,148 SF bank building on a 0.46‑acre lot in St. Petersburg, FL.
- $4,400,000 asking price with a 3.96% cap rate and $174,453 NOI.
- NNN lease with credit‑rated tenant, Lake Michigan Credit Union, with a recent 5‑year renewal and two 5‑year options.
- Prime corner location on 4th Street and 22nd Avenue offering excellent visibility.
- True NNN lease with 3% annual rent increases, minimizing landlord responsibilities.
Property Profile
Location Intelligence
Current Use by Public Records
Kona Phanly, Mortgage ...
Mortgage Lender
LMCU
Credit Union
Location Insight
- Map
- Local Demand
- City
- St. Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.638968
- Latitude
- 27.791883
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - NNN Lease, 3.96% Cap Rate, High NOI
Where is this individual retail property located?
The property is located at 2180 4Th St St. Petersburg, FL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 4,148 SF bank building on a 0.46-acre lot in St. Petersburg, FL.; $4,400,000 asking price with a 3.96% cap rate and $174,453 NOI.; NNN lease with credit-rated tenant, Lake Michigan Credit Union, with a recent 5-year renewal and two 5-year options.
