Former Fast Food Facility on One Acre Out-Parcel

Retail-Commercial for Lease
Catylist Listing ID: 30474862
Property Subtypes: Free-Standing Building, Restaurant
Contiguous Space: 3,958 SF
Building Size (RSF): 3,958 SF
Gross Building Area: 4,547 SF
Gross Land Area: 0.92 Acres
Lease Rate: $50,000 (Annual)
$12.63 PSF (Annual)
Base Monthly Rent: $4,166
Lease Types: NNN
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Building Name: Former McDonald's Restaurant
Last Updated: 5/21/2022

Overview / Comments

This former fast-food facility is being offered for long-term lease.
Could be extensively renovated and put back into service, or raze & rebuild.
Seeking high-quality tenant.
Enjoy the benefits of tremendous visibility to over 52,000 vehicles per day crossing the site on Ulmerton Rd., plus cross-access to the companion retail center and Belcher Rd. to the west.
Ample parking, configured for drive-through, solid structure but needs complete rebuild.

Expand All Available Space

Suite: Former Fast Food Restaurant 3,958 SF $50,000 (Annual) NNN
Space Available: 3,958 SF
Lease Rate: $50,000 (Annual)
$12.63 PSF (Annual)
$4,166 (Monthly)
Lease Type: NNN
Space Description: Building is in "dark gray shell" condition.
Owner is seeking a long-term credit tenant.
We propose to lease the property as-is with tenant to build-out to suit.
LL will allow time and rent concessions as their contribution toward TI.
Date Available: 8/1/2019
Space Type: Relet
Parking Spaces 38
Tax Expenses $8,500 PSF (Annual)

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Pinellas County
Tax ID/APN: 16 30 06 70938 300 0905
Zoning: C-2
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Just E of the NE corner of Belcher & Ulmerton.
Property Visibility: Excellent
Largest Nearby Street: Ulmerton
Feet of Frontage: 160
Traffic/Vehicle Count: 52,500
Site Description: Fully developed site. Out-parcel to a neighborhood retail center.
Area Description: Centrally located just off the intersection of two major arterial roadways.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1982
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Great facility but needs total renovation.
Total Parking Spaces: 38
Parking Ratio: 9.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved parking plus drive through with stacking.
Interior Description: Former fast food facility which has been gutted.
Zoning Description: County C-2 with CG land use designation.
Part of Planned Development?: Yes
Lot Frontage: 160
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Legal Description: Tax parcel ID #06-30-16-70938-300-0905

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,188 124,292 293,163
Median Age: 49.26 45.99 45.82
Households: 7,195 55,559 130,391


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