Three-Building NNN Retail
For Sale
Contact for pricing
607 617 621 Clearwater Largo Rd, Largo, FL 33770
Multi-building retail asset with dedicated parking and lease provisions that include annual escalations and renewal options.
Property SizeContact for details
Days on Market144
Property Features for 607 617 621 Clearwater Largo Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
6.9%
Building Details
Buildings
3
Tenancy
Single
Listing Agency:
Keller Williams Tampa Properties
(813) 319-6461
Listed By:
Coach Cook · License #SL3093667
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 6:20PM
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 Keller Williams Tampa Properties
Investment Insights
Based on property information with market context.
This retail offering comprises three buildings along with a dedicated parking lot, creating a multi-structure commercial asset at 607, 617, and 621 Clearwater Largo Rd in Largo, Florida. The property is positioned just north of W Bay Dr and includes an existing tenant arrangement.
Financial and lease terms include a 6.9 cap rate, annual increases of 5% and 3%, and two additional five-year renewal options. The stated lease period runs from 07.01.17 through 06.30.24. The offering is structured for buyers evaluating an income-producing retail property with multiple buildings, on-site parking, and documented lease provisions.
Financial and lease terms include a 6.9 cap rate, annual increases of 5% and 3%, and two additional five-year renewal options. The stated lease period runs from 07.01.17 through 06.30.24. The offering is structured for buyers evaluating an income-producing retail property with multiple buildings, on-site parking, and documented lease provisions.
Key Highlights
- Three retail buildings included in the offering
- Dedicated parking lot on the property
- 6.9 cap rate
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,868
Businesses Nearby
Explore this area
Business Placement
Demographics for 33770, FL
25,475
Population
13,417
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$58,071
Median Household Income
$39,354
Median Earnings
$1,481
Median Rent
$245,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-building retail asset with dedicated parking and lease provisions that include annual escalations and renewal options.
Where is this retail space located?
The property is located at 607 617 621 Clearwater Largo Rd Largo, FL.
What are key features of this property?
This property features: Three retail buildings included in the offering; Dedicated parking lot on the property; 6.9 cap rate
