3770 Ulmerton RdClearwater, FL 33762
High-traffic, Net-Leased QSR
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Ultra-low ground rent; Burger King has operated at this location for nearly 40 years.
- High-traffic corner location on Ulmerton Rd, with 86,000 vehicles per day.
- Modern building; tenant completed a full renovation in 2019.
- Strong tenant sales; resulting in a healthy 7.5% rent-to-sales ratio.
- Absolute NNN ground lease; no landlord responsibilities, with potential upside through percentage rent.
- Excellent location near St. Pete-Clearwater Airport (over 2.5 million passengers in 2023, a 10.4% increase since 2019).
Property Details for 3770 Ulmerton Rd
- Property type
- Retail properties
- Square Feet
- 3,415 SF
- Year Built
- 2019
- Lot Size (sq. ft)
- 40,075 SF
Location Insight
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Latitude
- 27.893421150487
- Longitude
- -82.684718128794
Nearby Similar for Sale
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