Drive-Through Coffee
New
For Sale
Contact for pricing
9299 FOURTH ST N, St Petersburg, FL 33702
Newly built, freestanding coffee shop leased on an absolute NNN basis with long-term contractual occupancy.
Property Size664 SF
Price / SF$3,062
Days on Market6
Property Features for 9299 FOURTH ST N
General Information
Standard status
Active
Size
664 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute NNN
Net Operating Income
$122,000
Financials
Cap Rate
6%
Gross Income
$122,000
Site & Location
Drive-Thru
Yes
Traffic Count
36,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2024
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orlando
(407) 557-3834
Listed By:
Tarek Chbeir · License #SL3449535
Source:
Crexi
Added: Jul 30
Changed: Aug 3
Last Checked: Aug 3 at 11:24AM
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 - Orlando
Investment Insights
Based on property information with market context.
This 664-square-foot drive-through coffee shop was completed in 2024 and is occupied by Scooter’s Coffee. The property is subject to a 20-year absolute NNN lease extending through December 2045, with approximately 19 years remaining and no landlord responsibilities. Contractual rent increases occur at 10% every five years, and the lease includes renewal options and a personal guarantee.
The property occupies a location on 4th Street North in St. Petersburg, Florida, where traffic exceeds 36,000 vehicles per day. It is near Gandy Boulevard, I-275, and the Gateway employment district. Within five miles, the surrounding market includes more than 159,000 residents and approximately 76,700 households, with average household income exceeding $96,000. Retail vacancy in the surrounding market is reported at 3.8%.
The property occupies a location on 4th Street North in St. Petersburg, Florida, where traffic exceeds 36,000 vehicles per day. It is near Gandy Boulevard, I-275, and the Gateway employment district. Within five miles, the surrounding market includes more than 159,000 residents and approximately 76,700 households, with average household income exceeding $96,000. Retail vacancy in the surrounding market is reported at 3.8%.
Key Highlights
- 664‑square‑foot drive‑through building completed in 2024
- 20‑year absolute NNN lease through December 2045
- Approximately 19 years of remaining lease term
Property Analytics
Current Use
Lease Details
36,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,254
Businesses Nearby
181k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 33%
Electronics 1%
Beauty & Spa 1%
Wawa
Shops & Services
40,109 visits/mo
0.4 miles
McDonald's
Dining
24,654 visits/mo
0.2 miles
Culver's
Dining
18,427 visits/mo
0.2 miles
Starbucks
Dining
14,554 visits/mo
0.3 miles
Wendy's
Dining
10,899 visits/mo
0.2 miles
Demographics for 33702, FL
29,996
Population
16,240
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
10.4 sq mi
ZIP Area
2,884
Density / Sq Mi
$65,503
Median Household Income
$43,860
Median Earnings
$1,369
Median Rent
$293,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Worthley coffee — 246 87th Ave N, St. Petersburg, FL 33702
- BUTTERMILK EATERY — 10316 Roosevelt Blvd N, St. Petersburg, FL 33716
- I.C. Sharks Seafood Market, Bar & Cafe — 10020 Gandy Blvd N, St. Petersburg, FL 33702
- Starbucks — 8151 Dr M.L.K. Jr St N, St. Petersburg, FL 33702
- Starbucks — 8801 4th St N, St. Petersburg, FL 33702
Frequently Asked Questions
What type of property is this?
Coffee shop - Newly built, freestanding coffee shop leased on an absolute NNN basis with long-term contractual occupancy.
Where is this coffee shop located?
The property is located at 9299 FOURTH ST N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,033,333.
What are key features of this property?
This property features: 664‑square‑foot drive‑through building completed in 2024; 20‑year absolute NNN lease through December 2045; Approximately 19 years of remaining lease term
