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Three-Building NNN Retail Offering
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 Market143

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
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.

Key Highlights

  • Three retail buildings included in the offering
  • Dedicated parking lot on the property
  • 6.9 cap rate

Property Analytics

Current Use

Coastal Market 607 Furniture & Home Goods

Suggested Use

Top Pick Bakery Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,868
Businesses Nearby

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

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?
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
(813) 319-6461 Call to check price and availability
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