6401 Doctor Martin Luther King Junior Street North

St. Petersburg, FL 33702

Listing ID: 142829
$1,500,000
For Sale
  • Lot Size Acres 0.490
  • Building Sq Ft 20,625
  • Land Sq Ft 21,344
  • Land Price per Sq Ft $70.28
  • NOI $75,689
  • CAP Rate % 5.00
6401 Doctor Martin Luther King Junior Street North - main image
6401 Doctor Martin Luther King Junior Street North - alt image 2
Description
Highlights

  • THE MEDICINE SHOPPE PHARMACY PLAZA

  • LOCATED ON SIGNALIZED MLK & 62nd AVE

  • INCOME PRODUCING STRIP 4 UNITS PLAZA



  • 19 PARKING SPACES

  • LONG TERM TENANCY WITH SOME MORE THAN 10 YEARS, BUT WITH FLEXIBILITY TO INCREASE RENT WITHIN ONE TO THREE YEARS


Description

INVESTMENT OPPORTUNITY, THE MEDICINE SHOPPE PHARMACY PLAZA WITH RETAIL 4 UNIT STRIP CENTER WITH INCOME { 6614 SF ON ALMOST 1/2 ACRE .}


PERFECT FOR THE INVESTOR TO CONTINUE WITH CURRENT PHARMACY OWNER ON A LONG TERM LEASE .


3 ADDITIONAL UNITS ARE LEASED WITH INCOME.


LOCATED AT SIGNALIZED MLK & 62nd AVE IN ST PETERSBURG , FL NEAR 4TH STREET & GANDY BLVD.


Location

Located at intersection on MLK & 64th Ave., near 4th St North

Attachments & Files
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population17,290101,454217,931
Population Median Age414242
Population by Age0-9 Yrs19281046721896
10-19 Yrs1896927719364
20-29 Yrs22351220129721
30-39 Yrs21961357628924
40-49 Yrs21251329728386
50-59 Yrs28621630534211
60-69 Yrs19971371428913
70+ Yrs20521261526516
Median HH Income$48,216$50,890$50,864
Total Household Income< 24K1668981521676
25-49K19931143624185
50-74K1470774016631
75-99K802488411144
100-199K1007711115189
200K+15821434249
Highest Education LevelNo Diploma1471857417552
Diploma or GED38232096845851
Some College29271659833993
Assoc. Degree1355661715352
Bachelors Degree19701535533377
Higher Degree983854818219
Total Housing Units8,59251,248110,849
--Owner-Occupied4,33927,47455,451
--Renter-Occupied2,76015,65437,622
Owner-Occupied Values< 100K1548868815230
100-199K1848870219589
200-299K73343269024
300-399K11020464033
400-499K2011832482
500K+8025295093
Total Working Age Population14,30985,328184,007
In Work Force9,29054,178116,543
Not In Work Force5,01931,15067,464
Workforce Employed8,61550,944109,901
Workforce Unemployed6543,0566,122
Civlian Workforce9,26854,000116,023
Military Workforce22178520
Total Households7,09943,12993,073
Family Households3,81622,95648,248
Non-Family Households3,28420,17244,825
Married Couple2,38415,33233,015
Other Family1,4327,62515,233
Married w/Child8775,00810,313
Single Male w/Child2661,1272,292
Single Female w/Child4312,4715,138

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Pinellas County921,482-1916,542+7983,883+51,034,290

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
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Kari Grimaldi

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