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Note
CALLE PLAZA FOR SALE MIXED-USE APARTMENTS & RETAIL
Listing was updated at: 11/27/2018
Property Overview
Price/Rent PSF $ 925,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 10,025
Date Available 11/27/2018
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Description

Location
LOCATED DIRECTLY ON BUSY CLEARWATER LARGO RD N. JUST NORTH OF THE INTERSECTION OF CLEARWATER LARGO ROAD N AND WEST BAY DRIVE.

Sale
CALLE PLAZA IS LOCATED AT 552,554,556 & 558 CLEARWATER-LARGO ROAD. N IN BEAUTIFUL LARGO, FL. THIS FANTASTIC MIXED-USE PROPERTY CONSISTS OF 3 CONCRETE BLOCK BUILDINGS WITH GREAT FRONTAGE ON BUSY CLEARWATER LARGO RD. N. THE PLAZA HAS A TOTAL OF 4 PURE NNN RETAIL TENANTS IN THE FRONT AND 4 LARGE APARTMENTS IN THE REAR, FACING GORGEOUS LAKE VILLA PARK IN LARGO.

THE PROPERTY CONSISTS OF LONG-TERM TENANTS WITH EXTREMELY LOW RENTS, MAKING THIS A FANTASTIC INVESTMENT OPPORTUNITY. BOTH THE RETAIL AND RESIDENTIAL RENTAL RATES ARE SEVERELY UNDER MARKET FOR THE AREA, AND PROVIDE THE BUYER WITH A FANTASTIC VALUE-ADD OPPORTUNITY.

THE PLAZA IS CURRENTLY 100% OCCUPIED. HOWEVER, THERE IS FLEXIBILITY AND OPPORTUNITY TO INCREASE THE RENTS QUICKLY AFTER PURCHASE! THIS WILL NOT LAST LONG, PLEASE SEND ME AN INQUIRY IF YOU ARE INTERESTED!

Location

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