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Downtown St. Pete Retail Opportunity
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151 2nd Ave N, St Petersburg, FL 33701

Unique retail space in the heart of Downtown St. Petersburg.

Space SizeContact for details
Property Size66,000 SF
Days on Market1142

Property Features for 151 2nd Ave N

General Information

Standard status Active
Size 66,000 SF
Class A
Total Parking Spaces 1295
Property subtype Retail
Lease Type NNN

Building Details

Building Size 66,000 SF
Year Built 2000
Tenancy Multiple

Spaces For Lease

at 151 2nd Ave N Contact us

Main Building - 114 3rd Ave N

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Potential Rooftop - 114 3rd Ave N

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: AXXOS
Listed By: Joe Esposito · License #FL SL3384847
Source: Crexi
Added: Jul 21, 2023 Changed: Aug 23 Last Checked: Aug 31 at 4:07AM

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 AXXOS

Investment Insights

Based on property information with market context.

Located in the heart of Downtown St. Petersburg, within the Sundial Complex, this sizable retail, commercial, or indoor entertainment space is anchored by the AMC Theater. The landlord is prepared to invest in core and shell improvements, with additional tenant improvements available for qualified groups, allowing for the creation of new entrances, showcase windows, and customized layouts. The space features 34-foot clear heights, offering options for users needing high ceilings or those interested in creating multiple levels with a potential mezzanine addition and/or rooftop space. Benefits include access to a massive parking garage one block south with direct access easements and validation, multiple street exposures, dedicated signage opportunities, and a deeded outdoor area suitable for a sidewalk cafe or other permitted uses at the corner of 3rd Ave N & 1st St N. The corner location may also support a private elevator entrance to the rooftop area for an extended outdoor lounge or bar concept. The Sundial Complex is situated between 2nd and 3rd Ave S and 1st St N, near Beach Drive and Central Avenue. This location is surrounded by luxury condo towers, new apartment complexes, and hotels, with proximity to the St. Pete Pier, Williams Park, Jannus Block, the 600 Block, and The Edge Shopping and Dining Districts.

Key Highlights

  • Prime location in the heart of Downtown St. Petersburg, within the Sundial Complex.
  • Landlord investment in core and shell, offering the ability to customize entrances, showcase windows, and interior flow.
  • Significant size and scale, a rare opportunity for a large or unique concept in Downtown St. Pete.

Property Analytics

Current Use

City Church St. ... Church Bank OZK ATM Atm Imax Cinema AMC Sundial 12 Cinema

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Auto Parts Store Locksmith Carpet & Flooring Store

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

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,812
Businesses Nearby
132k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 26% Dining 25% Shops & Services 22% Leisure 22%
Publix Groceries
34,887 visits/mo 0.4 miles
AMC Sundial 20 & IMAX Leisure
28,557 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
14,839 visits/mo 0.4 miles
Exxon Shops & Services
11,309 visits/mo 0.5 miles
Jimmy John's Dining
5,807 visits/mo 0.4 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

Lease Benchmarks for St Petersburg, FL

$24.02 /SF/Yr
Avg Asking Price
$12–$45 /SF/Yr
Price Range
6,699 SF
Avg Space Size

This space is priced 46% above the average of $24.02 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - Unique retail space in the heart of Downtown St. Petersburg.
Where is this retail space located?
The property is located at 151 2nd Ave N St Petersburg, FL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Downtown St. Petersburg, within the Sundial Complex.; Landlord investment in core and shell, offering the ability to customize entrances, showcase windows, and interior flow.; Significant size and scale, a rare opportunity for a large or unique concept in Downtown St. Pete.
(727) 435-8889 Call to check price and availability
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