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1229 Missouri Ave N Largo, FL 33770

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45,000 SF retail building 100% leased to LA Fitness.

Type:Retail
Property size:
45,000 SF
Added:
Oct 9, 2023
Days on Market:
921
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 1229 Missouri Ave N

General Information

Standard status
Active
Size
45,000 SF
Property subtype
Retail

Building Details

Year Built
2014

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Listing Contact
Ari Ravi

Listing agent Ari Ravi License #SL- 3210827

Listing office Ripco Real Estate

Listing date Oct 9, 2023

Source Crexi

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 Ripco Real Estate


Overview

Retail Building Leased to LA Fitness

A 45,000 square foot retail building is available for sale. The property is 100% leased to LA Fitness. The tenant has 5.1 years remaining on their current term, with three five-year options remaining. Constructed in 2014, the building sits adjacent to the Shops at Midway, a 74,694 square foot power center anchored by TJ Maxx and Ross Dress for Less. The center is located at the southwest corner of the signalized intersection of North Missouri Avenue, which sees 30,000 vehicles per day, and Jasper Street. Other nearby retailers along North Missouri Avenue include Old Time Pottery, Walmart Supercenter, Aldi, Rent-A-Center, Goodwill, and Office Depot. This asset provides investors with an opportunity to acquire a fully net-leased single-tenant asset with minimal landlord responsibilities.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Fuel Up Cafe Specialty Food Shop British Swim School ... Indoor Swimming Pool Seriously Fresh Restaurant Maple Self Storage ... Storage Facility Esporta Fitness Gym & Fitness Center

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Largo
County
Pinellas
State
Florida
Longitude
-82.788821
Latitude
27.930138

FAQs

What type of property is this?
Retail space - 45,000 SF retail building 100% leased to LA Fitness.
Where is this retail space located?
The property is located at 1229 Missouri Ave N Largo, FL.
What is the asking price?
The asking price for this property is $11,215,304.
What are key features of this property?
This property features: 100% leased to La Fitness, providing immediate income; NN lease structure with minimal landlord responsibilities; La Fitness has 5.1 years remaining on the current lease term
More about this property
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