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4895 E Bay Dr
Clearwater, FL 33764 Inner Central Peninsula

$5,256,000 USD

General Retail For Sale  •  7,400 SF

Property Details

  • Property Type General Retail
  • Total Building Size 7,400 SF
  • Lot Size 1.22 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.75 %
  • Tenancy Multiple
  • Zoning R/O/R
39 Transit Score
74 Walk Score

Highlights

Part of the Shoppes at East Bay development, which consists of four lots including Fifth Third Bank, Habit Burger, and Raising Cane's
Fully leased to CareSpot Urgent Care (3,200 RSF) and Pacific Dental (4,200 RSF), both with NNN leases in place
Leases feature strong corporate guarantees and excellent synergy within the surrounding retail market
Current leases offer market rents with room to grow in the future
Centrally positioned in Pinellas County along East Bay Dr, with easy access to US-19, SR 60, and I-75, which are all main travel corridors in the area
Excellent access and visibility along with its own dedicated monument sign

Property Flyers

Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
CareSpot Urgent Care

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 7 min - 3.2 mi
Tampa International 29 min - 17.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 52
Type: Surface
Included in Rent: Yes
Ryan Derriman 813-293-7887 Franklin Street
Ryan Derriman 813-293-7887 Franklin Street