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3770 Ulmerton Rd
Clearwater, FL 33762

$1,635,000 USD

Fast Food For Sale  •  3,380 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,415 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 2019
  • Cap Rate 5.82 %
  • Tenancy Single
0 Transit Score
35 Walk Score

Highlights

Ultra-low ground rent and nearly 40 years of operation by Burger King at this location
Hard corner location with 86,000 vehicles per day along Ulmerton Rd
Tenant completely rebuilt their store in 2019 to a modern prototype
Absolute NNN ground lease with no landlord responsibilities with upside in percent rent
Over 2.5 million passengers travel through the St. Pete-Clearwater Airport—up 10.4% since 2019
Daytime population of 93,000 in 3 miles and 2,100 hotel rooms in immediate vicinity
Cap Rate: 5.82 %

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 9 min - 2.6 mi
Tampa International 22 min - 14.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Michael Brewster 813-758-8797 Colliers
Michael Brewster 813-758-8797 Colliers