5 results
Address
Asking Price
Indian Rocks Plaza
14060 118th Avenue N.
Largo, FL
Lot Size:0.20Acres
Excellent opportunity for the savvy owner/investor.
14060 118th Avenue N. is a unique, small mixed-use complex known as Indian Rocks Plaza. The 8,607 SF complex is located on a highly visible 0.48-acre site fronting on Walsingham Road at the Indian Rocks Causeway.
Indian Rocks Plaza consists of the following:
One 2,094 SF retail/office building
Five small retail units totaling 2,884 SF
10 storage units totaling 3,629 SF
The property is currently 100% occupied. The retail/office building and four of the storage units are currently in use by the seller, and the retail units as well as the remaining six storage units are presently leased at below-market rents. With the current owner occupying a portion of the property, there is immediate revenue potential for an investor via a short-term sale/leaseback of these spaces at market rents.
Value Add Potential
This investment opportunity offers significant "value add" potential, as all the leases are month-to-month or have minimal remaining lease terms and there is a steady demand for the storage units and retail spaces. An owner/investor could occupy the larger retail/office building and collect rent at market rates from the small retail and storage units. Factor in the additional income provided by the billboard on the site, which conveys with the sale, and the new owner could see immediate revenue from the property.
Ideal for owner/investor use
Superior visibility: Property fronts on Walsingham Road
Mixed use property: Retail, office, storage
Due diligence materials available upon execution of Confidentiality Agreement
~
14450 Walsingham Road
14450 Walsingham Rd
Largo, FL
Lot Size:0.78Acres
$799,000
Breakfast and Lunch Restaurant
0 Confidential Dr
Largo, FL
$998,000
Retail / Office Building For Sale
12561 Ulmerton Rd
Largo, FL
Lot Size:0.60Acres
$550,000
14550-14444 Walsingham Road
Largo, FL
Lot Size:0.78Acres
$799,000
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Market Stats
33774 has 15 commercial real estate spaces for lease, representing 40,327 sqft space. 10 buildings are available for sale.
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