Property Details


Pinellas Park (St. Petersburg), FL
Property ID: 2132

    Financial Summary

    Asking Price $2,727,250
    Cap Rate 5.50%
    Net Operating Income (NOI) $150,000
    Lease Type Ground Lease, NNN
    Lease Term Remaining 15 Years
    Increases Call For Details
    The Offering Memorandum for this property is no longer available.


    Patrick R. Nutt
    Managing Partner

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    • Brand new construction
    • 15 year NNN lease with increases every 5 years
    • Corporate guaranty
    • Strong traffic count on Park Blvd N (50,500 VPD)
    • Corporate guaranty from PDQ - operators are original Founders of Outback Steakhouse
    • Florida has no state income tax

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit


    4601 Park Blvd N
    Pinellas Park (St. Petersburg), FL

    Traci BidingerPDQ