General Retail For Sale • 11,302 SF
| Fully Occupied – Fully leased strip center delivering immediate income, with upside potential to increase value over time. |
| Below Market Rents – Average gross rents of $16.98/SF offer upside potential to align with market, increasing income and property value. |
| Low Price/SF Basis – The property is coming to market priced well below replacement cost at $167.49 PSF |
| Ample Parking – Coachman Plaza houses 98 parking spaces, reflecting a parking ratio of 4.84 spaces per 1,000 square feet of leasable area. |
| Low Vacancy Market – Located in one of Florida’s densest retail markets, with a current vacancy rate of just 3.6% |
| Short Term/Gross Leases – With a weighted average lease term of 1.86 years, these leases offer upside potential through conversion to a NNN structure |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 23 min | - | 11.3 mi |
| Tampa International | 26 min | - | 15.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 50 |
| Type: | Surface |
| Included in Rent: | Yes |