Commercial Lease · Retail
1861 N HIGHLAND AVENUE, CLEARWATER, FL, 33755
Active3137 days on marketMLS #T2918337
About this property
The property at a glance
Excellent retail leasing opportunities in the newly renovated Sunset Square Shopping Center. Currently junior-anchored by Planet Fitness, there is currently an opportunity for a new end cap anchor of 32,995 SF currently occupied by Clearwater Storage. The site features an abundance of parking availability (5 / 1000), and there is word of an exciting new Advent Health Medical Center to take over the corner space currently leased to CVS Pharmacy which already includes national retailers such as Subway, Checkers, and being adjacent to a Walmart Neighborhood Market and Dunkin Donuts. There are also 3 inline spaces available from 1,050 to 2,400 SF for smaller users. Please visit the "Available Spaces" section of the website or view the brochure to see several leasing opportunities, as well as additional information Estimated CAM: $4.54 Conveniently located near the heart of downtown Clearwater. Access via Sunset Point Road or North Highland Avenue. LEASE: 1893 - 1,050 SF - $15.00 sf/yr NNN + CAM: $4.54 - Initial est monthly rent: $1,710 (includes base rate + CAM) plus applicable sales tax 1865 - 2,000 SF - $9.95 sf/yr NNN + CAM: $4.54 - Initial est monthly rent: $2,415 (includes base rate + CAM) plus applicable sales tax 1871/1875 - 2,400 SF - $12.00 sf/yr NNN + CAM: $4.54 - Initial est monthly rent: $3,308 (includes base rate + CAM) plus applicable sales tax 1861 - 32,955 SF - $11.00 sf/yr NNN + CAM: $4.54 - Initial est monthly rent: $42,677 (includes base rate + CAM) plus applicable sales tax
38,405
Building sq ft
$1
Price / sq ft
2.86
Lot acres
1984
Year built
1
Building
Retail
Property type
The numbers
Investment snapshot
NNN
Lease structure
3 to 5 Years
Lease term
Estimated payment (illustrative)
Estimated payment
$3,267/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
28,057
Population
$59,613
Median income
41.3
Median age
2.46
Avg household
$300,200
Median home value
$1,340/mo
Median rent
2,788
Households w/ kids
Recent sales
What actually sold near 1861 N HIGHLAND AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,125,000
1808 DREW STREET
9,505 sqft · $118/sqft · Sold Feb 3, 2025
$1,650,000
1265 BAYSHORE BOULEVARD
7,346 sqft · $225/sqft · Sold Sep 15, 2025
$850,000
1111 COURT STREET
7,135 sqft · $119/sqft · Sold Sep 5, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1861 N HIGHLAND AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1861 N HIGHLAND AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of BAY STREET COMMERCIAL LLC · Michael Braccia, Pa. MLS #T2918337.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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