Coachman Plaza - Clearwater, FL

Short Term/Gross Leases – With a weighted average lease term of 1.86 years, these leases offer upside potential through conversion to a NNN structure within the first two years.
Fully Occupied – Fully leased strip center delivering immediate income, with upside potential to increase value over time.
Below Market Rents – Average gross rents of $16.98/SF offer upside potential to align with market, increasing income and property value.
Low Vacancy Market – Located in one of Florida’s densest retail markets, with a current vacancy rate of just 3.6%, providing investors with strong tenant demand, quick turnover, and high leasing velocity.
Low Price/SF Basis – The property is coming to market priced well below replacement cost at $167.49 PSF
Ample Parking – Coachman Plaza houses 98 parking spaces, reflecting a parking ratio of 4.84 spaces per 1,000 square feet of leasable area.

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