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5225 E BAY DR Clearwater FL 33764

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Building SqFt 2,435
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 2007
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 27.9161
Longitude -82.7327

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant
Asking Details
Asking Cap Rate
******
Marketing Description
  • Absolute NNN Lease allows for zero landlord responsibility

  • Upcoming rent bump in September 2023

  • Great visibility along E. Bay Dr. which sees 54,000 VPD and immediate access to

the signalized junction at U.S. Highway 19 which sees a combined 141,500 VPD

  • Strong, experienced operator with dozens of units across Florida and the southeast

  • Directly across the street from Tri-City Plaza, a Publix-anchored power center

which has seen 2.6 Million visits over the past 12 months, via Placer.ai

  • Tenants in the immediate submarket include Walmart, Publix, Burlington, Petco,

Five Below, Esporta Fitness, Wawa, CarMax, Longhorn Steakhouse, Wendy's,

Applebee's, Chipotle, and Chili's

  • Dense residential population of 149,735 residents within a 10 minute drive time

  • 3 miles directly west of St. Pete-Clearwater International Airport

  • Florida has no state income tax

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
AL
Auxtin Levison
•••.•••.9425
••••••.•••ison@••••••••••.com
Brokerage logo

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