2683 ROOSEVELT BLVD Clearwater FL 33760

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PRIME LOCATION

Pinellas Crossroads is in Clearwater, FL which has experienced major growth due to its beautiful beaches and robust market for hospitality and retail businesses.

Situated in a high traffic area seeing over 40,000 vehicles per day and 3 parcels off U.S. 19 which sees 165,000 vehicles per day.

Surrounded by several national retailers which include Walmart, Publix, Five Below, Petco, Burlington Coat Factory, Ross, Esporta, and many more.

STRONG & STABLE INVESTMENT

Pinellas Crossroads has an extremely strong occupancy history with a few tenants dating back to the early 2000’s with a weighted average lease term of 4.85 years.

All tenants are on NET leases and reimburse for TAXES, INSURANCE, CAM, and MANAGEMENT.

ORGANIC NOI GROWTH

All tenants have annual increases in their current term as well as their option periods.

Average rental rate in the strip center is $29.7/SF