Drive-Through Restaurant
13677 Walsingham Road Largo, FL 33774
New
13677 Walsingham Road, Largo, FL, 33774
$4,605,000
For Sale
$4,605,000
Fee-simple drive-through restaurant property with an absolute NNN, corporate-guaranteed long-term lease.
Property Size3,441 SF
Price / SF$1,338
Days on Market2
Property Features for 13677 Walsingham Road
General Information
- Standard status
- Active
- Size
- 3,441 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Properties For Sale
at 13677 Walsingham Road Contact us
Listing Agency
SRS Industrial - Newport Beach
(480) 221-4221
Listed by
Patrick Luther · License #CA 01732226
(480) 221-4221
Source
Srsre
Added: Jul 17 Checked: Jul 18 at 2:20 am
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Investment Insights
Based on property information with market context.
This fee-simple drive-through restaurant investment is operated under an absolute NNN structure with a corporate guarantee. The property is described as a newly renovated Chipotle location with a drive-thru.
The site is positioned at a signalized, hard corner intersection on Walsingham Road, with 39K+ VPD noted in the remarks. The tenant recently signed a new 15-year lease, including four (5-year) options.
According to the offering remarks, rent increases by 10% every five years during the initial term and at the beginning of each option period. The investor is expected to have zero landlord responsibilities under the absolute NNN arrangement.
The site is positioned at a signalized, hard corner intersection on Walsingham Road, with 39K+ VPD noted in the remarks. The tenant recently signed a new 15-year lease, including four (5-year) options.
According to the offering remarks, rent increases by 10% every five years during the initial term and at the beginning of each option period. The investor is expected to have zero landlord responsibilities under the absolute NNN arrangement.
Key Highlights
- Chipotle drive‑through restaurant on a signalized hard corner on Walsingham Rd in Largo, FL (Tampa‑St. Petersburg MSA)
- Year built 2004; newly renovated Chipotle investment property offered as fee simple (land & building ownership)
- Tenant recently signed a new 15‑year lease with 4 additional 5‑year options (total extension potential)
Property Analytics
Location Intelligence
Current Use by Public Records
Glory Days Grill
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Fee-simple drive-through restaurant property with an absolute NNN, corporate-guaranteed long-term lease.
Where is this drive through restaurant located?
The property is located at 13677 Walsingham Road Largo, FL.
What is the asking price?
The asking price for this property is $4,605,000.
What are key features of this property?
This property features: Chipotle drive‑through restaurant on a signalized hard corner on Walsingham Rd in Largo, FL (Tampa‑St. Petersburg MSA); Year built 2004; newly renovated Chipotle investment property offered as fee simple (land & building ownership); Tenant recently signed a new 15‑year lease with 4 additional 5‑year options (total extension potential)