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

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.