Retail Space
700 34th Street North St Petersburg, FL 33713
Details & Description
Price: $2,262,720
    Marcus & Millichap is pleased to present for sale a two-tenant Dunkin Donuts and Nail Salon located at 700 34th Street North in Saint Petersburg, Florida. Dunkin Donuts occupies 2,997 SF and the Nail Salon occupies 968 SF, of the 3,965 square foot building. Both tenants just executed new lease extensions, with Dunkin Donuts extending for 10 years while the nail salon was given five years. Both leases are NNN with no slippage; even management is reimbursed. The Dunkin Donuts benefits from a drive thru, a tremendous amenity in a post Covid world. The nail salon is paying only $14.60 per SF, which is a fraction of market rent. The property is located on busy 34th Street North, which sees 39,900 cars daily. This location is in central Saint Petersburg, consequently, it is in the heart of everything. Within three miles are 136,409 residents, two hospitals, Downtown Saint Petersburg, and countless retailers, including Super Walmart, Sam's Club, Floor & Dcor, Winn Dixie, and myriad QSRs, banks, and hotels. Saint Petersburg is in Pinellas County, which is the most densely populated county in Florida. Saint Petersburg is a booming city on Florida's Gulf Coast and is part of the Tampa Bay Area and nicknamed Sunshine City. Its population is growing with a current population of over 261,338 people. St. Petersburg is only a short commute to Tampa's Urban Center. St. Petersburg is the 5th largest city in Florida and the second largest city in the Tampa Bay Area. It is part of the Tampa-Saint Petersburg-Clearwater Metropolitan area with a population of over 2.8 Million. This property offers an investor the opportunity to purchase a stable, minimal management, two-tenant corner property in a tremendous growing market. An investor can enjoy the stability of a net leased asset, while benefiting from diversified income, below market rent, and a higher return.
    Property Highlights
     Upcoming Building Remodel to the Latest Dunkin Donuts Prototype
     Very Strong Traffic Counts Exceeding 39,000 Vehicles Per Day
    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.

    700 34th Street North

    St Petersburg, FL 33713

    Dunkin Donuts Nail Salon

    Listing ID: 275822
    • 700 34th Street North St Petersburg, FL 33713 | for Sale | Photo 1
    • 700 34th Street North St Petersburg, FL 33713 | for Sale | Photo 2
    700 34th Street North | for Sale | Thumbnail 1
    700 34th Street North | for Sale | Thumbnail 2
    Building Size: 3,965 SF
    Lot Size: 0.700 AC
    Land Size: 30,491 SF
    Building $/SF: $570.67
    Land $/SF: $74.21
    Price
    $2,262,720
    Property Highlights
    Dunkin Donuts and Nail Salon with Recent Lease Extensions
    Upcoming Building Remodel to the Latest Dunkin Donuts Prototype
    Very Strong Traffic Counts Exceeding 39,000 Vehicles Per Day
    Building Features Drive Thru and Solar Panels
    NNN Leases, Minimal Management, All Expenses Reimbursed
    Florida is a No Income Tax State
    Description

    Marcus & Millichap is pleased to present for sale a two-tenant Dunkin Donuts and Nail Salon located at 700 34th Street North in Saint Petersburg, Florida. Dunkin Donuts occupies 2,997 SF and the Nail Salon occupies 968 SF, of the 3,965 square foot building. Both tenants just executed new lease extensions, with Dunkin Donuts extending for 10 years while the nail salon was given five years. Both leases are NNN with no slippage; even management is reimbursed. The Dunkin Donuts benefits from a drive thru, a tremendous amenity in a post Covid world. The nail salon is paying only $14.60 per SF, which is a fraction of market rent. The property is located on busy 34th Street North, which sees 39,900 cars daily. This location is in central Saint Petersburg, consequently, it is in the heart of everything. Within three miles are 136,409 residents, two hospitals, Downtown Saint Petersburg, and countless retailers, including Super Walmart, Sam's Club, Floor & Dcor, Winn Dixie, and myriad QSRs, banks, and hotels. Saint Petersburg is in Pinellas County, which is the most densely populated county in Florida. Saint Petersburg is a booming city on Florida's Gulf Coast and is part of the Tampa Bay Area and nicknamed Sunshine City. Its population is growing with a current population of over 261,338 people. St. Petersburg is only a short commute to Tampa's Urban Center. St. Petersburg is the 5th largest city in Florida and the second largest city in the Tampa Bay Area. It is part of the Tampa-Saint Petersburg-Clearwater Metropolitan area with a population of over 2.8 Million. This property offers an investor the opportunity to purchase a stable, minimal management, two-tenant corner property in a tremendous growing market. An investor can enjoy the stability of a net leased asset, while benefiting from diversified income, below market rent, and a higher return.

    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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    St Petersburg Area Market Trends

    Listing Demographics for 700 34th Street North St Petersburg, FL 33713

    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 700 34th Street North in St Petersburg?
    The asking price for 700 34th Street North is $2,262,720
    What is the building size of this Retail property in St Petersburg, FL?
    The size of the building/unit at 700 34th Street North in St Petersburg is 3,965 square feet
    How much land does the St Petersburg, FL property at 700 34th Street North include?
    700 34th Street North in St Petersburg includes 0.700 acres of land
    What kind of Retail is the property at 700 34th Street North?
    The property at 700 34th Street North St Petersburg, FL 33713 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 700 34th Street North in St Petersburg?
    The population within 1 mile of 700 34th Street North St Petersburg, FL 33713 is 12,869 people.
    Who do I contact for questions about 700 34th Street North?
    You should contact the listing agent, Gabriel Britti, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Tampa International Airport (TPA) 16
    Sarasota Bradenton International Airport (SRQ) 28
    Orlando International Airport (MCO) 95
    Price
    $2,262,720
    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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