This fantastic strip center is located on U.S. 19 Near both Countryside and Clearwater Mall. This is a fantastic opportunity to purchase a retail strip center at a fantastic price. With ample parking for customers and commercial vehicles this is the perfect investment or an owner operator looking to occupy one building and lease out the other. Extremely low rental rates in place which give the buyer a massive upside! The ability to increase rental rates and obtain a cap rate of almost 10%. With its location, it has an extremely high traffic rate and great visibility. The property consists of a mix of tenants with extremely low rents, making this a fantastic investment opportunity. The current rental rates are severely under market for the area and provide the buyer with a fantastic value add opportunity. A buyer could purchase this strip center and take a portion for their own use. Owner financing available with 50% down and favorable terms. All information deemed accurate but should be verified. Executed NDA required for any additional information. Please do not go to the property or disturb the tenants.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on June 6th, 2020 at 6:30pm EDT.