$890,000

About This Property

Low-Risk NNN Investment with Annual Growth | Prime St. Petersburg Commercial Property. Rare opportunity to acquire a Triple Net (NNN) leased commercial building in St. Petersburg, FL, fully leased to a well-established veterinary hospital. This 2,628 sq ft standalone property offers stable, hands-off income with the tenant responsible for rent, Half of the property taxes, insurance, utilities, operating expenses, and lawn maintenance—perfect for investors or 1031 exchange buyers. Key Investment Highlights • Annual Rent Increases for consistent cash flow • Lease Term: 5 years remaining with a 5-year renewal option • Established Tenant: Thriving veterinary practice in operation | Prime Corner Location: 1st Ave S & 35th St, one block from US-19 / 34th St with high visibility and heavy traffic. | Upgrades & Maintenance: New roof, painted soffit/fascia (2024), $12,000 in tree removal and pruning | Property Features:11 Parking Spaces, including 2 ADA-compliant | Dedicated staff/doctor parking | Three driveways for easy access | Circular drop-off/pick-up area. Located in a high-traffic commercial corridor of St. Petersburg, this property benefits from excellent visibility, strong tenant stability, and long-term growth potential. A cash-flow-positive, low-risk investment in one of Florida’s most vibrant commercial markets.

infoProperty Details

Property Type

Business

Year Built

1978

Living Area

2,628 sqft

Lot Size

0.48 acres

Bathrooms

0

Ownership

Other

Days on Market

380

List Date

Mar 3, 2025

Sold Date

chairInterior Features

yardExterior & Lot

Listed By

PREMIER SOTHEBY'S INTL REALTY

727-595-1604

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