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Automotive Retail Ground Lease
For Sale
Contact for pricing
Pending

10125 Ulmerton Rd, Largo, FL 33771

Built in 2020, this AutoZone ground lease has 19 years remaining and includes periodic rent increases.

Days on Market110

Property Features for 10125 Ulmerton Rd

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 57,000 vehicles/day

Building Details

Year Built 2020
Tenancy Single
Listing Agency: Marcus & Millichap - Issenberg Britti Group
Listed By: Gabriel Britti · License #FL SL3211804
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 30 at 4:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Issenberg Britti Group

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present a ground lease with AutoZone at 10125 Ulmerton Rd in Largo, Florida. The property was built in 2020 and is currently structured as a ground lease with 19 years remaining on the base term, plus options. Rent is set to increase by 10% every five years during the base term and the options.

Located on busy Ulmerton Road, the site is described as experiencing traffic counts in excess of 57,000 vehicles per day. AutoZone is next to a busy Publix Supermarket and Home Depot, and across the street from Largo Mall, which features additional retailers including Target, Marshalls, Olive Garden, and Med Express Urgent Care.

AutoZone, Inc. is an aftermarket automotive parts and accessories retailer with a nationwide footprint.

Key Highlights

  • AutoZone ground lease built in 2020, with 19 years remaining on the base term
  • Rent includes 10% increases every 5 years during the base term and options
  • AutoZone pays $69,999 per year in rent

Property Analytics

Current Use

Club Pilates Gym & Fitness Center Five Guys Restaurant Wingstop Restaurant Thighstop Restaurant Ulmerton Plaza Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Parking Lot & Garage Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

57,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby
102k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 45% Beauty & Spa 22% Leisure 13% Dining 9%
Marshalls Apparel
29,732 visits/mo 0.3 miles
Bath & Body Works Beauty & Spa
18,252 visits/mo 0.3 miles
Regal Largo Mall Leisure
13,129 visits/mo 0.4 miles
Beach Pizza Dining
9,138 visits/mo 0.4 miles
Spencer's Shops & Services
8,172 visits/mo 0.3 miles

Demographics for 33771, FL

29,766
Population
16,898
Households
1.8
Avg Household Size
54
Median Age
25%
College-Educated
90%
High-School Grad
6.0 sq mi
ZIP Area
4,961
Density / Sq Mi
$60,139
Median Household Income
$40,417
Median Earnings
$1,379
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Auto shop - Built in 2020, this AutoZone ground lease has 19 years remaining and includes periodic rent increases.
Where is this auto shop located?
The property is located at 10125 Ulmerton Rd Largo, FL.
What are key features of this property?
This property features: AutoZone ground lease built in 2020, with 19 years remaining on the base term; Rent includes 10% increases every 5 years during the base term and options; AutoZone pays $69,999 per year in rent
(786) 522-7017 Call to check price and availability
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