1480-1492 Alt. 19 (Old Palm Harbor Village Center) 1480 Alt 19, Palm Harbor, FL 34683
Property Description
Retail Strip Center (NNN), strategically located in Old Palm Harbor Village Center. The free-standing 3,825 sq. ft. block/stucco building was built in 2005 and is divided into four retail units (Units 1480, 1484, 1488, 1492). A hair salon occupies Unit 1480; a cake shop occupies Unit 1484, and a frame shop occupies Units 1488-1492. Leases are NNN and do not expire until 2027 and 2028. CAM charges are in addition to the annual sq. ft. lease rate. This is an excellent location with high visibility on the rapidly expanding Alternate 19 Business Corridor! The current proforma will be provided upon signing an NDA. Don’t miss this terrific investment opportunity!
Area Description
DRIVING DIRECTIONS: Driving north or south on U.S. Alternate 19, the property is located at the southeast corner of Columbia Avenue and Alternate 19 in the Old Palm Harbor Village Center.
Highlights
Busy strip shopping center in the heart of Old Palm Harbor!
Full Address: 1480 Alt 19, Palm Harbor, FL 34683
Listing Type: FOR SALE
Status: Sold
Occupancy Rate: 100%
Building Class: B
Zoning: C-1 Commercial
Region: S-SE
County: Pinellas County
Closest Cross Streets: Columbia Avenue
Use Type: Retail
Property ID: 4093832
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Heating: Yes
Cooling: Yes
Building Construction: Masonry
Roof: Shingle
Building Sf: 4,275
Parcel Num: 01-28-15-65628-048-0020
Number Units: 4
Number Buildings: 1
Section: 01
Year Built: 2005
Free Standing: Yes
Cap Rate: 5.66%
Tenancy Type: Multi-Tenant
Busy strip shopping center in the heart of Old Palm Harbor!
Average Monthly Rent - 1480 Alternate 19 (Golden Bay Blondes, LLC): 997
Average Monthly Rent - 1484 Alternate 19 (Angel Cakes Gourmet, LLC): 989
Average Monthly Rent - 1488 Alternate 19 (Harbor Frames Shop, LLC): 871
Average Monthly Rent - 1489 Alternate 19 (Harbor Frames Shop, LLC): 872
1: Golden Bay Blondes, LLC Occupied: 920 SF Lease Expiration: 03/31/2027
2: Angel Cakes Gourmet, LLC Occupied: 913 SF Lease Expiration: 04/30/2028
3: Harbor Frame Shop, LLC Occupied: 1992 SF Lease Expiration: 04/30/2027
