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32292382
32292383

4601 Park Blvd N, Pinellas Park, FL 33781

AB
FL BK3231913
SVN | Commercial Partners
RH
FL SL3423717
SVN Commercial Partners
RL
NY NY 30LE1139647
SVN | Hamm & Company Stamford
Listed by SVN | Commercial Partners, SVN Commercial Partners, SVN | Hamm & Company Stamford
$2,750,000
59 days on market
Updated 58 days ago

Absolute Triple Net Lease | PDQ Restaurant | Pinellas Park

Details
APN 27-30-16-10494-002-0010
Property Type Retail
Sub Type Restaurant, QSR/Fast Food
Square Footage 3,309
Net Rentable (SqFt) 3,309
Cap Rate 6.33%
NOI $174,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 05/24/2036
Remaining Term 9.9
Rent Bumps Yes
Lease Options Five(5) Renewal Options of Five(5) Years Each
Broker Co-Op True
Year Built 2016
Buildings 1
Stories 1
Acreage 1.350
Zoning Commercial General - B-1
Parking Spaces 56 spaces
Parking per 1,000 SqFt 16.92
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/24/2016
Ground Lease No

Corporate Guaranty | 6.33% Cap Rate

Marketing description

This PDQ restaurant presents an exceptional net-leased investment opportunity at 4601 Park Blvd N, Pinellas Park, FL 33781. This single-tenant absolute NNN offering features approximately 10 years remaining on the initial 20-year lease term, providing passive ownership with no landlord responsibilities. Backed by a corporate guaranty from PDQ, the asset offers stable in-place income of $174,000 annually ($14,500/month) with scheduled $12,000 rent increases every five years. Situated on a hard corner along heavily traveled Park Blvd N with traffic counts of approximately 59,500 vehicles per day, the 3,309 SF restaurant sits on 1.35 acres with two points of ingress and egress. The site benefits from strong visibility and access in a high-density retail corridor shadow-anchored by Publix and surrounded by major national brands including Walmart, McDonald’s, Chick-fil-A, Target, Home Depot, and more. Located in the dynamic Tampa Bay / St. Petersburg market, this property combines a strong real estate fundamental with the appeal of a growing fast-casual brand. Florida’s no state income tax environment further enhances the investment’s long-term appeal.

Investment highlights

  • 10 Years Remaining on Initial 20-year Absolute NNN Lease Term
  • High Density Location Surrounded by National Retail Brands
  • Hard Corner with Two Means of Ingress & Egress
  • Strong Traffic Count on Park Blvd N (59,500 vehicles/day)
  • Corporate Guaranty from PDQ
  • Florida Has No State Income Tax
  • Shadowed by Publix

Listing Contacts

AB
FL BK3231913
SVN | Commercial Partners
RH
FL SL3423717
SVN Commercial Partners
RL
NY NY 30LE1139647
SVN | Hamm & Company Stamford
Listed by SVN | Commercial Partners, SVN Commercial Partners, SVN | Hamm & Company Stamford

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$174,000.00
$14,500.00/mo

Valuation Metrics

0
DSCR
6.33%
Cap Rate
6.33%
ROI

Map

Zoning

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B-1 CommercialGeneral CommercialGeneral Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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