2085 Gulf to Bay Blvd

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2085 Gulf to Bay Blvd

Clearwater, FL 33764
Asking Price
$18.90M
Asset Type
Retail
Class
Class B

What's Special

Clearwater Auto Dealership - Former Lincoln <p>Located at 2084 Gulf to Bay Blvd in Clearwater, FL, this offering includes two adjacent parcels totaling 10.92 acres along one of the area’s busiest commercial corridors. Parcel 1 (8.08 acres) features a 2.05-acre / 24,082 SF building leased to Caliber Collision (franchise not included; do not disturb tenant) providing immediate income, along with a former dealership with rooftop parking. Parcel 2 (2.84 acres) is available for separate sale, offering flexibility for owner-use</p><p>or invest

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NOI
$80,000
Cap Rate
0.42%
DSCR
0.07
Underwater
Cash-on-Cash
-18.38%
Monthly Payment
$93,506.888
Annual Cash Flow
$-1,042,082.654

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