- For Sale $24,724,998
- Property Type Retail
- Property Size 111,694 SF
- Lot Size 13.13 SF
- Date Updated Apr 20, 2024
The Snyder Carlton National Net Lease Team is pleased to offer to investors a rare opportunity to acquire a trophy retail asset in the Tampa, FL MSA. The Home Depot, the world’s largest home improvement retailer, operates over 2,300 stores across North America, employs over 475,000 team members and is ranked #20 on the 2024 Fortune 500 Rankings. Additionally, the publicly traded company (NYSE: HD) had over $157 billion in revenue in 2022 and has an investment grade credit rating of “A” from S&P (Moody’s: “A2”). The absolute NNN lease was recently extended and has over 3 years remaining in the first extension period with two 5-year option periods remaining with 7.5% rent increases each option period. With no landlord responsibilities, a corporate guarantee and over 25 years of successful occupancy this asset ideal for a 1031 exchange or an investor seeking passive cash flows.
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Contacts
Eric Carlton
Jereme Snyder
Mike Milano
Location
Getting Around
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Walk Score ®
Somewhat Walkable (55) -
Transit Score ®
Some Transit (34) -
Bike Score ®
Bikeable (69)
- City Clearwater, FL
- Neighborhood Sunny Grove
- Zip Code 33765
- Market Tampa St Petersburg Clearwater
Points of Interest
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Sam's Club
0.26 miles
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Greenlots
0.45 miles
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7-Eleven
0.46 miles
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Costco Gasoline
0.53 miles
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Sunoco
0.71 miles
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7-Eleven
0.92 miles
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Speedway
0.92 miles
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Speedway
0.93 miles
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RaceTrac
0.95 miles
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Shell
1.32 miles
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Franklin Saint Flag Parking
3.83 miles
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Garden Avenue Parking Garage
3.96 miles
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Public Parking
4.85 miles
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Public Parking Lot
4.92 miles
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City of Clearwater Parking Lot #32
5.88 miles
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12th Avenue Beach Access Park
8.28 miles
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Memorial Trailhead
8.78 miles
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Seminole High School Student Parking Lot
9.09 miles
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Seminole High School East Faculty Parking Lot
9.19 miles
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Seminole High School Visitor Parking Lot
9.21 miles
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Village Inn
0.12 miles
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Oriental Super Buffet
0.14 miles
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Dunkin'
0.17 miles
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Chick-fil-A
0.18 miles
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Aussie Grill
0.20 miles
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Saki Endless Sushi & Hibachi Eatery
0.36 miles
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Perkins
0.36 miles
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Jimmy John's
0.38 miles
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Newk's Eatery
0.39 miles
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Mellow Mushroom
0.41 miles
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Shopping Plaza
0.50 miles
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Publix
0.59 miles
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Ross
0.62 miles
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Marshalls
0.64 miles
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Target
0.66 miles
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Don Pancho Villa Market
0.74 miles
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Walmart Neighborhood Market
0.82 miles
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Big Lots
1.34 miles
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Walgreens
1.37 miles
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Mediterranean Food Market
1.38 miles