28540 Us Highway 19

28540 Us Highway 19 Clearwater, Florida 33761 United States

We are proud to present for sale to qualified investors, the opportunity to purchase a fee simple interest in 28540 US Hwy 19 N, Clearwater, FL 33761 (the Property) and accompanying billboard ground lease. The Property is 100% tenant occupied, home to INSA Cannabis Dispensary and Fundora My Dentist, both on long-term NNN leases. This passive investment has 3% annual escalations and options to extend. Additional rental income included with the billboard ground lease. Per property appraiser records, in 2022 the property underwent over $1,100,000 estimated value of interior capital improvements representing an intense financial commitment by both tenants, $850,000 and $292,152 respectively. The Property is front and center on US Hwy 19 (95,000 AADT) with over 200 feet of direct frontage, A+ visibility, and signage. Please review the Offering Memorandum for additional information.

Source : MFRMLS DBA Stellar MLS

Listing Courtesy of KELLER WILLIAMS TAMPA PROP.

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