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235 S Belcher Rd
Clearwater, FL 33765 South Clearwater

$1,610,000 USD

General Retail For Sale  •  5,612 SF

Property Details

  • Property Type General Retail
  • Total Building Size 5,612 SF
  • Lot Size 0.71 AC
  • Building Class B
  • Year Built 1994
  • Cap Rate 5.40 %
  • Tenancy Single
  • Zoning C3
30 Transit Score
60 Walk Score

Highlights

Listed for $1,610,000 yielding a cap rate of 5.40%
HIGH UPSIDE — value-add potential below-market rent, no options remaining, short-term lease
Pro-Forma ±9.76% Cap Rate at market rents. Current rent is ±$15.49/SF **Contact agent for more information.
Corporate Guaranty — Monro is one of the leading automotive service and tire dealers in the nation
Tampa Bay MSA — ±115k population in a 3-mi radius and ±3.42 million in total
Larger Parcel of ±0.71 AC allows for flexible future uses
Cap Rate: 5.40 %

Major Tenants

Tenant SF Occupied Lease End Date
Tire Choice Auto Services

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 23 min - 10.7 mi
Tampa International 25 min - 14.9 mi
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services