Description

Highly sought after St. Pete Beach retail complex for sale, prime store front, fully rented with solid cash flow. The center consists of 2 units in a well-maintained building on nearly 1/2 acre. Both units are 1,530 SF under lease to long-term and successful local restaurant tenants. The established tenant at 7612 Blind Pass Road is Nori Thai. They offer a variety of Thai specialties and sushi for lunch and dinner. Nori Thai has been voted “Best of the Beaches” for 8 straight years while at this location. The Nori Thai lease was renewed in 2022 and runs through January of 2028. The tenant at 7618 Blind Pass Road is also a long-term and established restaurant. Riptides is a popular local hangout known for their casual inviting atmosphere and great cocktails. The Riptides lease is up for renewal in September of 2024. The tenants and their customers enjoy convenient access and ample parking with over 30 parking places on the .5 acre lot.

The location provides great exposure fronting on Blind Pass Road at the intersection of 77th Avenue in the heart of St. Pete Beach. Immediate proximity to beaches, high income neighborhoods, professional offices, other restaurants and high end retail. Easy walking distance to the Corey Avenue which is epicenter of the St. Pete Beach shopping district with year-round events, including parades, wine tastings, arts and crafts festivals, and the Sunday Morning Market from October through May.

Zoning is Town-Center-1 Core District (TC-1), serving as the city's hub with medium to high-intensity land uses and a pedestrian-friendly environment. This property benefits from a premium location with high foot traffic in a well-preserved beach shopping center. It is an ideal choice for any retail business or investor seeking maximum exposure and strong cash flow. With one lease up for renewal in September, this property presents an excellent opportunity for business and/or cash flow growth. Please review the attached sales brochure and call the listing agents for additional lease and financial details.