2833 Gulf To Bay Blvd, Clearwater, FL 33759

Mike Milano, CCIM, MAI, Executive Managing Director of Retail Investment Services, at Colliers International, is pleased to offer for sale a 2,500 SF Starbucks with drive-thru located on Gulf to Bay Boulevard in Clearwater, Florida (Tampa MSA). The property benefits from excellent frontage and visibility along Gulf to Bay Boulevard, while its’ location provides easy access to Tampa via the Courtney Campbell Causeway and to the entire Pinellas region via US-19. This is an excellent opportunity to acquire a tremendous asset that serves as a passive investment with one of the largest and most credit-worthy tenants in the market.

Brand-new construction with drive-thru
No kick-out clause in lease
In-fill location with excellent frontage and visibility along Gulf to Bay Boulevard (56,000± AADT)
Gulf to Bay Boulevard is the primary east/west retail commercial corridor providing access from Tampa to the Gulf Coastv
Corporately guaranteed lease
Starbucks has over 31,256 locations worldwide
Investment-grade tenant – Moody’s: Baa1 and S&P: BBB+
Ten (10) year NN lease with minimal landlord responsibilities - only roof and structure
NOI increases by ten percent (10%) every five (5) years