9299 4th N St, St Petersburg, FL 33702-3131
- Commercial land
- 738 SF
- 0.36 lot acres
Current Use by Public Records
- Commercial land
Property Details for 9299 4th N St
- Year built
- 1990
- Lot size
- 0.36 lot acres
- Property type
- Commercial land
- APN
- 19-30-17-64924-001-0010
- APU
- 193017649240010010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 29, 2025 | $1,620,000 | Rpj Properties Scooters LLC | Smart Starz LLC | Special Warranty Deed | $1.2M · Power Financial Cu |
| Sep 1, 2022 | — | Smart Starz LLC | — | Deed · related | $1.8M · Key Bank NA |
| Jun 1, 2022 | $805,000 | Smart Starz LLC | Mckay Creek Land LLC | Special Warranty Deed | $723k · Key Bank NA |
| Sep 1, 2017 | $1,500,000 | Mckay Creek Land LLC | 9211 4th Street N LLC | Warranty Deed | — |
| Jul 18, 2008 | — | 9211 4th Street N LLC | Owatonna Props Land Trust | Warranty Deed | — |
| Feb 12, 1997 | — | Owatonna Properties Trust | Slacter,richard H | Grant Deed · related | — |
Description
This exceptional investment opportunity presents a brand-new, fee-simple Scooter's Coffee location in St. Petersburg, Florida. The property, completed in 2024, boasts a 664 square foot building situated on a 0.76-acre lot at 9299 4th St N, 33702. This single-tenant, absolute triple-net (NNN) lease offers a secure, long-term investment with a 25-year term remaining, featuring 10% rent bumps every five years and five (5), five (5) year lease options. The franchisee-guaranteed lease ensures minimal landlord responsibilities, with the tenant covering all taxes, insurance, and maintenance. The property enjoys a prime location with high visibility and traffic counts (20,000 VPD), surrounded by other national retailers including Publix, Chick-fil-A, Walmart, and McDonald's. The strong location, coupled with Scooter's Coffee's proven success (800+ locations nationwide) and high average unit volume (AUV ranging from $850,000 to over $1.5 million), projects a robust return on investment. The asking price is $2,175,000, representing a $3,275.60 price per square foot and a 7.00% cap rate, with a current NOI of $152,250. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a thriving market. The property's 100% occupancy and strong tenant credit further enhance its appeal.
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Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6384
- Latitude
- 27.8564
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA