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12790 49th Street N
Clearwater, FL 33762
Asking Price
$1.15M
Asset Type
Distribution Retail
Class
Class B
What's Special
New Property <ul><li>3,750 SF Concrete block warehouse; single story, slab on grade.</li><li>±0.88 acre lot.</li><li>Near the Gateway Expressway / 118th Avenue.</li><li>On-site paved parking at the front plus a large fenced rear yard.</li><li>Direct frontage on 49th Street N. 27,000-34,000 cars per day.</li><li>Minutes to US Hwy 19, I-275, and St. Pete-Clearwater International Airport.</li><li>Built-up roof permitted in March 2016</li><li>E-1 Employment zoning in Unincorporated Pinellas County allows
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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.573
Annual Cash Flow
$11,725.13
