13702 Walsingham Rd - Freestanding FOR SALE


Largo, FL 33774- Oakhurst
$3,500,000 USD
248-702-0288
13702 Walsingham Rd, Largo, FL for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/3
null | 5% Cap Rate

13702 Walsingham Rd
Largo, FL 33774
Oakhurst


HIGHLIGHTS

  • 2024 Construction - Tenant's latest prototype - 7 bays with ample parking
  • Absolute net lease structure requiring zero landlord responsibilities
  • Rare 20 year term with 10% rent increases every 5 years of the initial term and option periods - Inflation resistant lease structure
  • Premium location in tax free Florida | Fee simple ownership
  • Mavis is ranked top independent automotive service business in the United States with over 2,300 service centers in 39 states
  • Affluent community: Average household income within a 3 mile radius: $91,720

OVERVIEW

2024 Construction - Tenant's latest prototype - 7 bays with ample parking Absolute net lease structure requiring zero landlord responsibilities Rare 20 year term with 10% rent increases every 5 years of the initial term and option periods - Inflation resistant lease structure Premium location in tax free Florida | Fee simple ownership Mavis is ranked top independent automotive service business in the United States with over 2,300 service centers in 39 states Walsingham Road provides ample traffic counts of 27,000 VPD+/- Affluent community: Average household income within a 3 mile radius: $91,720 Population within a 3 mile radius exceeds 80,180 people | 170,027 people within a 5 mile radius Neighboring national retails include: Walmart Neighborhood Market, Publix Super Market, Walgreens, CVS Pharmacy, McDonald's, Chase Bank, Taco Bell, Wendy's, Starbucks, 7-Eleven, KFC, and many more

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,029 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Tires & Brakes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Commercial General, City

APN/PARCEL ID

18-30-15-00000-110-0100

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.