loader
Join Free
Views: 127 DOM: 418 Updated: 09.26.24 Posted: 11.04.23 Status: Contract

Summary

Price $995,000
Built/Renov 1986/2015
Tenant West Coast Kayaks
Cap Rate 5.81%
Lease Type NN+
Guarantor Corporate
Size/SF 4,040
Lease Start 05-01-2020
#Units 1
Price/SF $246.29
Expiration 04-30-2028
Tenant Type General Retail
NOI $57,850
R. Term 3.4
Ownership Fee Simple
Rent/SF $14.32
Increases 0.0%/1/yrs
Pop 5Mi 301,245
Lot/AC 0.23
Options 1/5yrs
AHHI 5Mi $76,867

Lease Highlights

  • West Coast Kayaks has 4+ years remaining on the current lease term with 1 (5-year) option to extend
  • Lease features 3-7% increases based on CPI
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guarantee by West Coast Kayaks and Paddleboards

Location Description

West Coast Kayaks located on 30th Avenue N Street, has excellent visibility from US-19/34th Street, with access to 41,500 vehicles passing by daily. The property is situated near national retail tenants, including AutoZone, Subway, Tire Kingdom, Walgreens, WaWa, BMW, Burger King, and more. Furthermore, it enjoys a convenient location just 7 miles from St. Pete Beach and approximately 4 miles...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: West Coast Kayaks
  • Guarantor:Corporate
  • Company:West Coast Kayaks
  • # Units:1
  • Stock:Private

About Tenant

West Coast Kayaks & Paddle Boards carries the area's largest selection of recreational and fishing kayaks and paddle boards with several hundred in stock at all times. The company also offers...


...

Traffic

Collection Street Cross Street Year Traffic Vol Distance
30th Avenue North 19th St N 2022 4,800 0.09 mi
30th Avenue North 35th St N 2021 4,800 0.09 mi
34th St N 37th Ave N 2011 39,000 0.39 mi
34th St N 38th Ave N 2011 40,500 0.46 mi
38th Avenue North 33rd St N 2022 29,500 0.51 mi
38th Ave N 31st St N 2011 29,000 0.52 mi
22nd Ave N 34th St N 2011 35,000 0.54 mi
35th St N 38th Ave N 2011 2,200 0.55 mi
34th St N 22nd Ave N 2011 34,500 0.59 mi
26th Ave N 28th St N 2011 7,764 0.60 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity