4501 66Th St Kenneth City, FL 33709
- Grocery and convenience stores
- 99,464 SF
- 10.90 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 4501 66Th St
- Year built
- 1970
- Construction
- CONCRETE BLOCKS
- Lot size
- 10.90 lot acres
- Property size
- 99,464 SF
- Property type
- Grocery and convenience stores
- APN
- 05-31-16-00000-320-0500
- APU
- 53116000003200500
Description
This exceptional 97,399 square foot shopping center in Kenneth City, Florida, presents a compelling investment opportunity. Anchored by Sprouts (shadow), At Home, and Five Below, the center boasts strong foot traffic and a 10-year lease with contractual rent increases, ensuring stable cash flow. Located at 4501 66th St, St. Petersburg, FL 33709, the property benefits from excellent visibility on 66th Street N (42,000 vehicles per day) and convenient access to 46th Avenue N (5,900 vehicles per day). Serving a robust customer base of over 157,000 residents within a 10-minute drive, boasting an average annual household income exceeding $82,000, this asset offers significant upside. The recent complete redevelopment minimizes future capital expenditures. Its prime location, just four miles from Gulf beaches and minutes from downtown St. Petersburg, further enhances its appeal. The property's proximity to major sports teams (Tampa Bay Rays, Buccaneers, Lightning) and Florida's largest seaport contributes to the area's thriving economy. The asking price is $9,100,000, translating to $93.43 per square foot. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a rapidly growing market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,550,000
- ML approach
- $2,550,000
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Location Insight
- Map
- Local Demand
- City
- Kenneth City
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7272
- Latitude
- 27.8127
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA