Property Description
Under contract-accepting backup offers. 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.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: PREMIER SOTHEBY'S INTL REALTY
Agency Contact: 727-595-1604
Shown By
Agent Name: Paulina Martinez Vargas
Agent Phone: Cell: (859) 285-1252
Agency Title: Watson Realty Corp., REALTORS ®
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3501 1st Avenue S | MLS# TB8362460
This commercial property located at 3501 1st Avenue S, Saint Petersburg, FL 33711 is currently listed for sale with an asking price of $999,000. Search Saint Petersburg real estate on paulina.watsonrealtycorp.com today.