GTE Financial NNN Property For Sale — St Petersburg, FL
4584 38th Ave N, St Petersburg, FL 33713
This offering presents the rare opportunity to acquire a single-tenant, net-leased retail property. The asset is strategically located in a dynamic market, providing a stable income stream from a strong financial institution. The tenant, GTE Financial, is one of the largest locally owned and operated financial institutions in the United States, with over $2.03 billion in total assets and 262,538 members.
- Address: 4584 38th Ave N, St Petersburg, FL 33713
- Asking price $2.09M
- 6.00% cap rate
- NOI $125,280
- 15 years remaining
- NNN lease
- Year built: 2017
- Building size: 3,915 SF
- Lot size: 0.93 acres
- Rent increases: 2% annual escalations
- Guarantor: Corporate
Location
This GTE Financial property is at 4584 38th Ave N in St Petersburg, Florida.
Asset type: Retail