5400 Park Boulevard N, Pinellas Park, FL 33781

$1,941,071
6,833
SqFt

Property Description

Extremely well located multi-tenant retail building with 6 tenants in place Excellent ingress and egress and both Westbound and Eastbound onto Park Blvd High visibility on a busy traffic thoroughfare with over 50,000 VPD Corner lot location with median cuts for parking and access Tenants reimburse all operating expenses including management and admin fee Only 1 gross lease in place which is Redwing paying a $15 Gross Rate, market is $18 NNN. Redwing's lease expires in 2023 which presents a terrific value add opportunity Fixed rental increases for all leases in place Florida has no state income tax

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Listing courtesy of NATIONAL REAL ESTATE LLC.