4717 22ND AVENUE S,ST PETERSBURG,Pinellas,Commercial Sale

Rare opportunity for an investment in the busy and sought-after area of Gulfport (actually located in St.
Petersburg) Florida. 4 stores fully occupied and 1 store leased and under renovation. Investment presented at a solid 7.5% Cap Rate (see below). Tenants pay CAM and share the cost of some utilities based on square footage. Outdoors is of absolute minimal maintenance. There is no deferred maintenance or CAPEX need outside of this building, with a new roof and resurfaced parking lot. Tenants pay for maintenance and improvements of the inside of all units. Half of the tenancy is with very long-time tenants owning well-established and reputable businesses. **IMPORTANT NOTE: PLEASE DO NOT VISIT, DISTURB, OR ASK BUSINESSES OR TENANTS- CONTACT BROKER ONLY**