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1194 NE Cleveland St
Clearwater, FL 33755

$1,714,285 USD

Convenience Store For Sale  •  300 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 900 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning CG
45 Transit Score
75 Walk Score

Highlights

Downtown Clearwater ensures high visibility, accessibility and steady stream of customers
Low property rent indicates substantial opportunity for growth and increased valuation
10% rent increases every five years with the next increase in 2026
18 years remaining on primary term
Absolute NNN lease - tenant is responsible for all expenses at the property
Recent renovations include new HVAC, new pumps, tank upgrades, new canopy and signage

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Shell

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 27 min - 13.6 mi
Tampa International 30 min - 17.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Christopher Twist 561-602-8390 Colliers
Christopher Twist 561-602-8390 Colliers