JUST SOLD-$1,800,000.00 Prime Clearwater Investment 7.48% Cap Rate 28384 US Highway 19 N | Clearwater, FL 33761-2514. Congratulations to Petrishman Holdings LLC on its latest portfolio acquisition. HIGHLIGHTS • Location: Clearwater US Hwy 19 N frontage, high visibility • Occupancy: 100% occupied with 2 long-term leases in place; $134K NOI, 8.47% cap • Zoning: Retail, office, medical, showroom • Market: Clearwater, strong growth and demand Prime Clearwater Location: Positioned directly on US Hwy 19 N, one of Pinellas County’s busiest commercial routes, offering exceptional visibility and exposure. Fully Leased Income Asset: 100% occupied with 2 long-term leases in place, generating a stable NOI of $134, 654/year at a competitive 7.48% cap rate. Flexible Zoning: Ideal for a variety of uses, including retail, showroom, medical, or office space.
Listing courtesy of STELLAR NON-MEMBER OFFICE.
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