Investment Highlights
A successful location for Monro since 2016 with a 10% rent increase coming up in 2026
St. Petersburg is one of the nation?s fastest growing cities
Fixed rent increases for each tenant
Corporate lease with Monro Muffler Brake, Inc. (NYSE: MNRO)
Densely populated and upper income area ? Very strong daytime population ? close proximity
NO STATE INCOME TAX, Florida is the Highest Net Domestic Migration/ Growth State in the U.S.
Executive Summary
CBRE is pleased to present this 100% leased three-tenant retail property anchored by Monro Muffler Brake, Inc. (dba Tire Choice) in one of Florida?s fastest growing cities, St. Petersburg. Located just off Gandy Boulevard, this retail building is positioned within a densely populated area that?s home to high number of businesses and major employers providing for a very high daytime population. Excellent access, signage and exposure provided by the property?s proximity to Gandy Boulevard North and 4th Street North.
