Map of Property

Sprouts Farmers Market | Brand New 15 Year Corporate Lease

4501 66th St N, St. Petersburg, FL 33709

  • For Sale $8,670,000
  • Property Type Other
  • Lot Size 2.55 SF
  • Year Built 2023
  • Date Updated Apr 27, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a brand-new single tenant net leased Sprouts Farmers Market in St. Petersburg, FL. Sprouts Farmers Market operates over 400 grocery stores across the U.S., plans to open an additional 35 stores in 2024 and has over $6.7 billion in annual revenue. The new NN lease comprises a 15-year primary term, four 5-year option periods, rent increases every 5 years and limited landlord responsibilities providing stable income for years to come.

The newly constructed 23,256 SF building on a 2.55-acre parcel is strategically positioned on the hard corner signalized intersection of 66th Street N and 46th Avenue N which have a combined traffic count exceeding 48,000 VPD. The subject property is a half mile from HCA Florida St Petersburg Hospital, a 215-bed facility, and Hollins High School with enrollment exceeding 1,700 students. Nearby retailers include At Home, Publix, Wells Fargo Bank, Auto Zone, Harbor Freight, McDonald’s, Taco Bell, Dunkin’ and more.

This is an excellent opportunity to purchase a newly constructed retail asset in the Tampa Bay MSA (3.2 million residents) on a long-term lease with 20 years in option periods, rent increases every 5 years and limited landlord responsibilities producing years of inflation resistant income.

Available

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Attachments

Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Mike Milano

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City St. Petersburg, FL
  • Neighborhood Kenneth City
  • Zip Code 33709
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Shell

    0.84 miles

  • Speedway

    0.96 miles

  • Petro Champ

    1.37 miles

  • Sunoco

    1.40 miles

  • Texaco

    1.41 miles

  • Marathon

    1.71 miles

  • Shell

    1.74 miles

  • Sam's Club

    1.89 miles

  • Mobil

    1.90 miles

  • Chevron

    1.91 miles

  • Lot 4

    3.35 miles

  • Lot 6

    3.40 miles

  • Lot 8

    3.42 miles

  • Bilmar Parking

    4.06 miles

  • T.H.E. Insurance Parking

    4.08 miles

  • Island Inn Parking

    4.45 miles

  • 7th Avenue Parking Garage

    5.21 miles

  • lot 2

    5.29 miles

  • Lot 4

    5.30 miles

  • Lot 3

    5.31 miles

  • Rand Motel

    2.86 miles

  • Murphy's Motel

    2.87 miles

  • Gateway Motel

    2.88 miles

  • Valley Forge Motel

    2.92 miles

  • Cedar Motel

    2.96 miles

  • Palm Aire Motel

    2.98 miles

  • Candlelight Inn

    3.00 miles

  • Venice

    3.02 miles

  • Crystal Bay Hotel

    3.03 miles

  • La Quinta Inn by Wyndham Tampa Bay Pinellas Park Clearwater

    3.15 miles

  • Sonic

    0.11 miles

  • Lucky Star

    0.26 miles

  • Papa John's

    0.39 miles

  • McDonald's

    0.57 miles

  • Doo.Ri.Ban

    0.68 miles

  • Dairy Queen

    0.91 miles

  • Domino's

    1.02 miles

  • Applebee's

    1.05 miles

  • El Toro Negro

    1.05 miles

  • New China

    1.05 miles

  • Dixie M Hollins Senior High School

    0.32 miles

  • Dixie Hollins Adult Education Center

    0.34 miles

  • Blanton Elementary School

    0.46 miles

  • Seventy-fourth Street School

    0.88 miles

  • Westgate Elementary School

    1.03 miles

  • Pinellas County Jewish Day School

    1.14 miles

  • Virginia Stein Schools

    1.24 miles

  • Marjorie Kinnan Rawlings Elementary School

    1.26 miles

  • Heritage Private School

    1.31 miles

  • Tyrone Elementary School

    1.38 miles

  • VPK Center

    1.95 miles

  • Shining Starz Preschool

    4.47 miles

  • Camelot School

    5.62 miles

  • Saint Pete Prep Learning Center

    5.71 miles

  • New Beginnings Pre-School and Day Care

    6.13 miles

  • KinderCare

    7.34 miles

  • Abundance Childcare and Learnign Center

    7.38 miles

Frequently Asked Questions

What is the lease rate for Sprouts Farmers Market | Brand New 15 Year Corporate Lease?

Rental asking rate at Sprouts Farmers Market | Brand New 15 Year Corporate Lease is $4,335,000.00/YR.

What is the total square footage of Sprouts Farmers Market | Brand New 15 Year Corporate Lease?

Sprouts Farmers Market | Brand New 15 Year Corporate Lease totals 23,256 square feet.

When was this property built?

Sprouts Farmers Market | Brand New 15 Year Corporate Lease was built in 2023.

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