Retail Space
4596 Park Boulevard North Pinellas Park, FL 33781
Details & Description
Price: $1,600,000
    Marcus & Millichap is pleased to offer a unique AutoZone ground lease, located at 4590 Park Boulevard North, in Pinellas Park (Tampa). The property lies in the heart of a major commercial artery, with Publix across the street, a Home Depot anchored power center two blocks away, and surrounded by too many national retailers and restaurants to enumerate. With access to the corner and turn-in lanes in every direction, the Property offers convenient left-in-left-out access for the 56,000+ cars that pass daily. Newly constructed, the AutoZone boasts beautiful curb appeal, no deferred maintenance, a class A credit tenant, and a zero management, 20 year, NNN ground lease. What is particularly unique about this asset is the rent - $8.12 per square foot, which is about as low as you'll find in any STNL in Florida. The IHOP across the street (also for sale by the same seller), is paying $26 per square foot; the Take 5 ground lease one block away is on a lot 1/3 the size, with a building 1/4 the size, and is paying the same as this AutoZone; the Popeyes 1.5 miles down Park is paying $110,000, for a 2,000 square foot building on the same size lot; the Buffalo Wild Wings a few blocks east is paying $16 per square foot, for a larger building. The incredibly low rent and extremely rare 20-year lease, allows an investor to get into an incredibly secure investment with an unparalleled low basis, and a tenant you almost wish would leave so you can double the rent!
    Property Highlights
    Listing Agents
    Gabriel Britti

    O: 786-522-7017
    gabriel.britti@marcusmillichap.com
    Ronnie Issenberg
    Marcus & Millichap
    O: 786-522-7013
    ronnie.issenberg@marcusmillichap.com
    Jonathan Gersrzberg
    Marcus & Millichap
    O: 954-245-3447
    jonathan.gerszberg@marcusmillichap.com
    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.

    4596 Park Boulevard North

    Pinellas Park, FL 33781

    AutoZone Pinellas Park

    Listing ID: 275820
    • 4596 Park Boulevard North Pinellas Park, FL 33781 | for Sale | Photo 1
    • 4596 Park Boulevard North Pinellas Park, FL 33781 | for Sale | Photo 2
    • 4596 Park Boulevard North Pinellas Park, FL 33781 | for Sale | Photo 3
    4596 Park Boulevard North | for Sale | Thumbnail 1
    4596 Park Boulevard North | for Sale | Thumbnail 2
    4596 Park Boulevard North | for Sale | Thumbnail 3
    Building Size: 7,385 SF
    Lot Size: 0.480 AC
    Land Size: 20,908 SF
    Building $/SF: $216.66
    Land $/SF: $76.53
    Price
    $1,600,000
    Property Highlights
    Top Tier Location
    Credit Tenant NYSE AZO $26B Market Cap
    Rare Twenty Year NNN Ground Lease
    Rare Twenty Year NNN Ground Lease
    10 Rent Increases Every 5 Years
    Portfolio Opportunity - 4 Properties on Park Blvd, One a Few Blocks Away on Ulmerton
    Description

    Marcus & Millichap is pleased to offer a unique AutoZone ground lease, located at 4590 Park Boulevard North, in Pinellas Park (Tampa). The property lies in the heart of a major commercial artery, with Publix across the street, a Home Depot anchored power center two blocks away, and surrounded by too many national retailers and restaurants to enumerate. With access to the corner and turn-in lanes in every direction, the Property offers convenient left-in-left-out access for the 56,000+ cars that pass daily. Newly constructed, the AutoZone boasts beautiful curb appeal, no deferred maintenance, a class A credit tenant, and a zero management, 20 year, NNN ground lease. What is particularly unique about this asset is the rent - $8.12 per square foot, which is about as low as you'll find in any STNL in Florida. The IHOP across the street (also for sale by the same seller), is paying $26 per square foot; the Take 5 ground lease one block away is on a lot 1/3 the size, with a building 1/4 the size, and is paying the same as this AutoZone; the Popeyes 1.5 miles down Park is paying $110,000, for a 2,000 square foot building on the same size lot; the Buffalo Wild Wings a few blocks east is paying $16 per square foot, for a larger building. The incredibly low rent and extremely rare 20-year lease, allows an investor to get into an incredibly secure investment with an unparalleled low basis, and a tenant you almost wish would leave so you can double the rent!

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    St Petersburg History of Retail Space for Sale

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    Pinellas Park Area Market Trends

    Listing Demographics for 4596 Park Boulevard North Pinellas Park, FL 33781

    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.

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    Common Questions and Answers

    What is the asking price for 4596 Park Boulevard North in Pinellas Park?
    The asking price for 4596 Park Boulevard North is $1,600,000
    What is the building size of this Retail property in Pinellas Park, FL?
    The size of the building/unit at 4596 Park Boulevard North in Pinellas Park is 7,385 square feet
    How much land does the Pinellas Park, FL property at 4596 Park Boulevard North include?
    4596 Park Boulevard North in Pinellas Park includes 0.480 acres of land
    What kind of Retail is the property at 4596 Park Boulevard North?
    The property at 4596 Park Boulevard North Pinellas Park, FL 33781 is listed as a Vehicle Sales/Service Retail property
    What is the population within 1 mile of 4596 Park Boulevard North in Pinellas Park?
    The population within 1 mile of 4596 Park Boulevard North Pinellas Park, FL 33781 is 12,107 people.
    Who do I contact for questions about 4596 Park Boulevard North?
    You should contact the listing agent, Gabriel Britti, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Closest Commercial Airports

    Airport Distance (mi) Directions
    Tampa International Airport (TPA) 14
    Sarasota Bradenton International Airport (SRQ) 32
    Orlando International Airport (MCO) 94
    Price
    $1,600,000
    Listing Agent
    Listing Co-Agent
    Gabriel Britti - CRE Agent at Marcus & Millichap

    Ronnie Issenberg

    Independent Agent
    Listing Co-Agent
    Gabriel Britti - CRE Agent at Marcus & Millichap

    Jonathan Gersrzberg

    Independent Agent
    More listings from Gabriel Britti
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