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2222-2226 State Road 580 7,500 SF 100% Leased Retail Building Clearwater, FL 33763 $2,600,000 ($346.67/SF)



INVESTMENT HIGHLIGHTS
- Heavy Traffic
- Lots of natural light
EXECUTIVE SUMMARY
Beautiful, free standing, 7500 SF, multi-use commercial building situated on .79 acres in Northern Pinellas County on SR 580 between Belcher Rd. to the west and U.S. Hwy 19 to the east near Downtown Dunedin and the Countryside Shopping Plaza. It is accessible from SR 580 and Belcher Rd. via an access agreement with egress and ingress. Current zoning allows for a variety of uses, including retail, medical, service or office. Presently, Strange Cloudz is leasing (3481SF) of the building, with monthly payments of $4923.99 + NNN with 3% annual increases through June 2027. They have (1) one, (5) year option. The remaining (4019SF) is owner-occupied (ready to be vacated upon closing) with a beautiful office floorplan and is move in ready if desired.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built
1992
Price
$2,600,000
Price Per SF
$346.67
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.79 AC
Zoning
C2, County - C-2 (general commercial and services)
Land Use: ROG (residential/commercial)
Parking
38 Spaces (5.07 Spaces per 1,000 SF Leased)
Frontage
125’ on State Road 580
AMENITIES
- 24 Hour Access
- Fenced Lot
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Car Charging Station
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Action Futons
- Retailer
- -
- -
- -
- -
- Strange Cloudz
- -
- 3,481 SF
- -
- Triple Net
- May 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Action Futons | Retailer | - | - | - | - | |
| Strange Cloudz | - | 3,481 SF | - | Triple Net | May 2027 |
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,848,403 | |
| Land Assessment | $1,751,597 | Total Assessment | $4,600,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,751,597
Improvements Assessment
$2,848,403
Total Assessment
$4,600,000
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Presented by
Schmidt Investments
2222-2226 State Road 580
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