The Home Depot - Rare NNN

2495 Gulf to Bay Blvd, Clearwater, FL 33765

  • For Sale $24,724,998
  • Property Type Retail
  • Property Size 111,694 SF
  • Lot Size 13.13 SF
  • Date Updated Apr 27, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to investors a rare opportunity to acquire a trophy retail asset in the Tampa, FL MSA. The Home Depot, the world’s largest home improvement retailer, operates over 2,300 stores across North America, employs over 475,000 team members and is ranked #20 on the 2024 Fortune 500 Rankings. Additionally, the publicly traded company (NYSE: HD) had over $157 billion in revenue in 2022 and has an investment grade credit rating of “A” from S&P (Moody’s: “A2”). The absolute NNN lease was recently extended and has over 3 years remaining in the first extension period with two 5-year option periods remaining with 7.5% rent increases each option period. With no landlord responsibilities, a corporate guarantee and over 25 years of successful occupancy this asset ideal for a 1031 exchange or an investor seeking passive cash flows.

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Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Mike Milano

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable
  • Transit Score ®

    34/100 Some Transit
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Clearwater, FL
  • Neighborhood Sunny Grove
  • Zip Code 33765
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Sam's Club

    0.26 miles

  • Greenlots

    0.45 miles

  • 7-Eleven

    0.46 miles

  • Costco Gasoline

    0.53 miles

  • Sunoco

    0.71 miles

  • 7-Eleven

    0.92 miles

  • Speedway

    0.92 miles

  • Speedway

    0.93 miles

  • RaceTrac

    0.95 miles

  • Shell

    1.32 miles

  • Franklin Saint Flag Parking

    3.83 miles

  • Garden Avenue Parking Garage

    3.96 miles

  • Public Parking

    4.85 miles

  • Public Parking Lot

    4.92 miles

  • City of Clearwater Parking Lot #32

    5.88 miles

  • 12th Avenue Beach Access Park

    8.28 miles

  • Memorial Trailhead

    8.78 miles

  • Seminole High School Student Parking Lot

    9.09 miles

  • Seminole High School East Faculty Parking Lot

    9.19 miles

  • Seminole High School Visitor Parking Lot

    9.21 miles

  • Village Inn

    0.12 miles

  • Oriental Super Buffet

    0.14 miles

  • Dunkin'

    0.17 miles

  • Chick-fil-A

    0.18 miles

  • Aussie Grill

    0.20 miles

  • Saki Endless Sushi & Hibachi Eatery

    0.36 miles

  • Perkins

    0.36 miles

  • Jimmy John's

    0.38 miles

  • Newk's Eatery

    0.39 miles

  • Mellow Mushroom

    0.41 miles

  • Shopping Plaza

    0.50 miles

  • Publix

    0.59 miles

  • Ross

    0.62 miles

  • Marshalls

    0.64 miles

  • Target

    0.66 miles

  • Don Pancho Villa Market

    0.74 miles

  • Walmart Neighborhood Market

    0.82 miles

  • Big Lots

    1.34 miles

  • Walgreens

    1.37 miles

  • Mediterranean Food Market

    1.38 miles

Frequently Asked Questions

What is the lease rate for The Home Depot - Rare NNN?

Rental asking rate at The Home Depot - Rare NNN is $12,362,499.00/YR.

What is the total square footage of The Home Depot - Rare NNN?

The Home Depot - Rare NNN totals 111,694 square feet.

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