Automotive Retail Ground
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
(786) 522-7017
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.
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
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
Explore this area
Business Placement
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
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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