2683 Roosevelt Blvd Clearwater, FL 33760

This exceptional Class A, 12,250 square foot shopping center in Clearwater, Florida presents a compelling investment opportunity. Boasting a 100% occupancy rate with seven tenants, this stabilized property generates a strong NOI of $378,921, representing a 6.55% cap rate at an asking price of $5,775,000 ($471.43/SF). Built in 2005 on a 2.6-acre lot, the single-story building benefits from a prime location on Roosevelt Boulevard in Largo, experiencing high traffic volume exceeding 40,000 vehicles daily, and proximity to major retailers like Walmart, Publix, and more. The property features a weighted average lease term of 4.85 years, with all tenants on NNN leases, ensuring consistent income streams. Built-in rent bumps provide organic NOI growth, further enhancing the investment's long-term value. This multi-tenant retail center offers a secure and profitable investment with significant upside potential. The property's strong tenant base, favorable lease terms, and prime location make it an attractive acquisition for discerning investors seeking a stable, high-performing asset in a thriving market. The seven tenants have a history dating back to the early 2000s, demonstrating the property's enduring appeal and market strength. The average rental rate within the center is $29.7 per square foot.