10% Cap Rate on Great US Hwy 19 Commercial Site Leased Investment

28540 US Hwy 19 N., Clearwater, FL.  

• Price:   $1,850,000

• Building Size: 6,706 SF

• Property Type:   Retail-Commercial

• Property Sub-type:   Free-Standing Building, Restaurant, Retail, General

• Property Use Type: Fully Leased

• Cap Rate: 10%

• Zoning: C1 

Description

Fantastic opportunity to buy a great investment with tenant income on Busy US Hwy 19 in Clearwater. 20 year Established Diamond Brokerage built building. There are two buildings, one is 4,008SF and other is 2,700SF. Owner will guarantee 10% NNN Cap Rate to buyer. Approximate rent will be $15,500/mo.
Located on busy US Hwy 19 and Palm Harbor Intersection. This is a pillar of the community and landmark in the area. Zoned C1 for unlimited uses.