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Colliers Represents Seller In $23M Sale Of Retail Property Leased To The Home Depot In Clearwater

Property Image
SOLD
$23,000,000
Jereme Snyder
Eric Carlton

Florida

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Retail111,694 SF
Sold 08/01/2024
the dealplayerscompscontact
Property Image
SOLD

Colliers Represents Seller In $23M Sale Of Retail Property Leased To The Home Depot In Clearwater

2495 Gulf to Bay Boulevard

See Similar Deals
Retail111,694 SF
Sold 08/01/2024
Jereme Snyder
Eric Carlton
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$205
Total Square Footage:111,694 SF
Transaction Type:Sale

A retail property located at 2495 Gulf to Bay Boulevard in Clearwater has been sold for $23 million. The property spans 111,694 square feet and was leased to The Home Depot, which has several years remaining on its lease. The price per square foot for this transaction is approximately $206.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $23,000,000
  • Square Footage: 111,694
  • Address: 2495 Gulf to Bay Boulevard
  • Market: Clearwater

Eric Carlton and Jereme Snyder of Colliers represented the seller, who is a private institutional investor. The buyer of the property is an undisclosed individual investor. Colliers facilitated the transaction, demonstrating their involvement in the sale process.

Players

Eric Carlton
Colliers
Eric Carlton
2 deals$34.8M volume
BROKER
Jereme Snyder
Colliers
Jereme Snyder
4 deals$46.3M volume
BROKER

Details

SOLD
IMAGE: Jereme Snyder & Eric Carlton DATE: 08/01/2024 ADDRESS: 2495 Gulf to Bay Boulevard MARKET: Clearwater ASSET TYPE: Retail BROKERS: Eric Carlton & Jereme Snyder - Colliers (@ColliersInternational) SALE PRICE: $23,000,000 SF: 111,694 ~ PPSF: $206 NOTE: Colliers facilitated the $23 million sale of a 111,694-square-foot retail property in Clearwater, leased to The Home Depot, which has several years remaining on its lease. Eric Carlton and Jereme Snyder represented the seller, a private institutional investor, while the buyer was an undisclosed individual investor.

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Debt Service Coverage Ratio (DSCR)

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