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11601 47th St, Clearwater, FL, 33762

Goodyear
Closed

Key Information

Term Remaining
±2 YRS
Type
Retail

Highlights

Property:

  • Lease includes fixed 3% annual rent escalations throughout the remaining primary term and option periods, supporting predictable income growth and serving as a hedge against inflation.
  • CoStar indicates current rents are below market. At lease renewal, rent resets to Fair Market Value, offering significant upside potential and increased landlord leverage.
  • ±10,000 SF building featuring ±18-foot clear heights, 11 grade-level doors, situated on a ±1.37 AC parcel with a ±16.76% building coverage ratio.
  • Leased to The Goodyear Tire & Rubber Company (NASDAQ: GT), one of the largest global tire manufacturers with operations in over 20 countries, providing a creditworthy and stable tenancy.

Location:

  • Strategically positioned within the Tampa–St. Petersburg–Clearwater MSA, one of Florida’s fastest-growing metropolitan regions with a population exceeding ±3.3 million population.
  • Immediate access to US-19, I-275, and the Bayside Bridge ensures efficient regional connectivity across the Tampa Bay area.
  • Located within ±10 miles of St. Pete–Clearwater International Airport, ±15 miles from Tampa International Airport, and near Port Tampa Bay, a major Florida seaport supporting industrial and logistics demand.
  • Surrounded by established business parks and industrial zones, drawing from a broad and diverse labor pool that sustains ongoing commercial and service-related demand.
  • The property benefits from favorable demographic trends, including sustained population growth, strong income levels, and a healthy residential market.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203