Aura Executive Center | 695 Central Ave
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Aura Executive Center 695 Central Ave
15,486 SF 100% Leased Retail Building Saint Petersburg, FL 33701 For Sale
Investment Highlights
- Strong national & successful local tenants including Melting Pot, IMAGE Studios and Southern Grounds Coffee
- Three of the current tenants have new 10-year NNN leases, while one has a 3-year NNN lease (to be executed upon closing)
- The property is in the heart of downtown St. Petersburg, a highly desirable location with opportunities rarely becoming available to investors
- Possibility for an end user acquisition with income
- Each lease has 10% increases every 5 years through the original term and option periods
- 101,137 population within a 3-mile radius
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
15,486 SF
Building Class
B
Year Built/Renovated
1923/2024
NOI
$683,680
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.69
Lot Size
0.21 AC
Zoning
CD-1, St Petersburg
Frontage
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Biker's Paradise (98)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 19-31-17-34218-000-0020 | Improvements Assessment | $1,523,972 |
| Land Assessment | $1,826,028 | Total Assessment | $3,350,000 |
PROPERTY TAXES
Parcel Number
19-31-17-34218-000-0020
Land Assessment
$1,826,028
Improvements Assessment
$1,523,972
Total Assessment
$3,350,000
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Aura Executive Center | 695 Central Ave
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