Overview

Description

Rare opportunity to purchase a fully occupied strip center on S Fort Harrison Ave, near downtown Clearwater and prestigious Belleair neighborhoods. The property consists of 4,268 SF and sits on 0.34 acres. This stabilized center with 3 units is at 100% occupancy with a balanced mix of office and retail tenants. All tenants are on NNN leases with annual increases in place. Minimal landlord responsibilities and major interior and exterior renovations completed at the property within the past year. New HVAC systems installed, stucco finish, electrical updates, parking lot/landscaping improvements, and much more!

The property sits on the east side of S Fort Harrison Avenue, with a large daycare center to its south and a hospital building to its north. Directly across the street is Morton Plant Hospital, a highly reputable medical facility providing top-notch healthcare services. Just south of the property is a high income residential surrounding, along with beautifully maintained country clubs and ocean views. A few minutes north is the heart of downtown clearwater, and a brand new proposed development known as Imagine Clearwater. This area brings in tourists from all over the world, being situated just over the bridge from Clearwater Beach, which has been named America’s No. 1 Beach several times in recent years.

Surrounding major retailers include Publix, Starbucks, Walgreens, McDonalds, and others. Fort Harrison Ave provides excellent visibility and accessibility with approximately 16,100 daily cars. 1 mile to Downtown Clearwater, 3 miles to Clearwater Beach, 3.5 miles to the Largo, and 5 miles to Dunedin.

Located just south of Gulf to Bay Blvd in DT Clearwater.
Major Roadways:
- US Highway 19: A prominent north-south corridor that links the entire Tampa Bay area, granting easy access to major destinations.
- Gulf to Bay Boulevard (SR-60): A vital east-west route that connects the region, allowing quick travel to Tampa, Clearwater Beach, and beyond.
- Courtney Campbell Causeway (SR-60): Known colloquially as the "Courtney Campbell," this scenic causeway links Clearwater to Tampa across the waters of Tampa Bay.

Nearest Airports:
- Tampa International Airport (TPA): Approximately a 25-minute drive from the property, offering a wide range of domestic and international flights.
- St. Pete-Clearwater International Airport (PIE): A convenient option just around a 15-minute drive away, serving various domestic destinations.

Nearest Landmarks:
- Clearwater Beach: A world-renowned beach known for its stunning white sands and vibrant atmosphere.
- Belleair Country Club: A prestigious private club that offers golfing, dining, and social amenities for its members.
- Morton Plant Hospital: A reputable medical facility located in downtown Clearwater, providing top-notch healthcare services.

Located in the medical district on the east side of Fort Harrison Ave between Corbett St and Pinellas St.

Highlights

• - Gross Income Increases 3 times a year
• - Metal Roof, Newly Asphalted Parking Lot, Newly Stuccoed, New Gutters, Newly Painted
• - All units have NEW 3.5 ton HVAC units
• - Separate electrical meters, 1 water meter
• - Unit 1 has 2 grease traps. All three units have new buildouts.
• - Close to Imagine Clearwater new development
• - Revitalization DT Clearwater, Coachman Park increasing property values

Documents

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