Shopping Strip
County Center Retail Strip
8601 49th Street N, Pinellas Park, FL 33782
Listing Price: $2,200,000
Cap Rate
4.10%
Gross SF
9,600
Rentable SF
9,600
Price/Gross SF
$229.17
Lot Size
0.71 acres
Year Built
1975
Investment Overview
Marcus & Millichap is pleased to present the offering for County Center Retail Strip in Pinellas Park, FL.
County Center Retail Strip
Investment Highlights
- RETAIL STRIP CENTER WITH UPSIDE: Occupied by a strong mix of local retail and service tenants with strong leasing upside. Less than 1 year remaining on each lease with below-market rents.
- ALTERNATE SINGLE TENANT REDEVELOPMENT OPPORTUNITY: Potential for redevelopment into single tenant retail space with B-1 Commercial zoning and large +/-0.71 acre lot.
- DENSE RETAIL PROXIMITY: Hard, signalized corner location with frontage along 49th St N, near multiple retail hubs.
- SURROUNDING RESIDENTIAL DENSITY: Strategically positioned next to multiple apartment complexes and residential neighborhoods.
- EXCELLENT CONNECTIVITY: Convenient access to US-19 from 49th St N, which sees approximately 39,000 vehicles per day (VPD), 8 miles from downtown St Petersburg and 4 miles from St. Pete–Clearwater International Airport.
- RETAIL EPICENTER: Surrounded by national powerhouse retailers including Walmart, Home Depot, Target, Publix, Wawa, Dunkin, Sonic, McDonald's, Regal Cinema, Chick Fil A, Starbucks, and much more.
- STRONG DEMOGRAPHICS: The population within a 5-mile radius is over 264,000 with an average household income of $85,385.
- TAMPA MSA: Part of the Tampa-St. Petersburg metro, which has grown to over 3.3 million residents with a favorable business climate and diverse economy.
Exclusively Listed By
Listing Price: $2,200,000
Cap Rate
4.10%
Gross SF
9,600
Rentable SF
9,600
Price/Gross SF
$229.17
Lot Size
0.71 acres
Year Built
1975
Investment Highlights
- RETAIL STRIP CENTER WITH UPSIDE: Occupied by a strong mix of local retail and service tenants with strong leasing upside. Less than 1 year remaining on each lease with below-market rents.
- ALTERNATE SINGLE TENANT REDEVELOPMENT OPPORTUNITY: Potential for redevelopment into single tenant retail space with B-1 Commercial zoning and large +/-0.71 acre lot.
- DENSE RETAIL PROXIMITY: Hard, signalized corner location with frontage along 49th St N, near multiple retail hubs.
- SURROUNDING RESIDENTIAL DENSITY: Strategically positioned next to multiple apartment complexes and residential neighborhoods.
- EXCELLENT CONNECTIVITY: Convenient access to US-19 from 49th St N, which sees approximately 39,000 vehicles per day (VPD), 8 miles from downtown St Petersburg and 4 miles from St. Pete–Clearwater International Airport.
- RETAIL EPICENTER: Surrounded by national powerhouse retailers including Walmart, Home Depot, Target, Publix, Wawa, Dunkin, Sonic, McDonald's, Regal Cinema, Chick Fil A, Starbucks, and much more.
- STRONG DEMOGRAPHICS: The population within a 5-mile radius is over 264,000 with an average household income of $85,385.
- TAMPA MSA: Part of the Tampa-St. Petersburg metro, which has grown to over 3.3 million residents with a favorable business climate and diverse economy.
Investment Overview
Marcus & Millichap is pleased to present the offering for County Center Retail Strip in Pinellas Park, FL.
Exclusively Listed By
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