9080 Ulmerton Rd, Largo, FL 33771-3820
- Drive through restaurants
- 2,616 SF
- 0.77 lot acres
Current Use by Public Records
- Charleys Cheesesteaks and Wings / Take-out & Catering
Property Details for 9080 Ulmerton Rd
- Year built
- 1984
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.77 lot acres
- Property type
- Drive through restaurants
- APN
- 11-30-15-70524-100-0302
- APU
- 113015705241000302
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 29, 2025 | $1,457,500 | Seem Realty I LLC | Baskir Select Properties LLC | Special Warranty Deed | — |
| Sep 1, 2020 | $1,400,000 | Baskir Select Properties LLC | Dq Ulmerton LLC | Grant Deed | — |
| Jul 2, 2019 | — | Dq Ulmerton LLC | — | Deed · related | $840k · American Momentum Bank |
| Jun 19, 2015 | $800,000 | Dq Ulmerton LLC | Mill Street LLC | Warranty Deed | $675k · C1 Bank |
| Jun 17, 2011 | $800,000 | Mill Street LLC | Boutros,zoe L | Grant Deed · related | — |
| — | — | Ramzi A Boutros Trustee | — | Deed Of Trust · related | $250k · Bank Of Tampa |
| — | — | Boutros Family Trust | — | Deed Of Trust · related | $363k · Colonial Bank |
| — | — | Ramzi A Boutros | — | Deed Of Trust · related | $363k · Colonial Bank |
| — | — | Boutros Trust | — | Deed Of Trust · related | $330k · Premier Community Bank Florida |
Description
This exceptional investment opportunity presents a 2,630 square foot free-standing Charleys Philly Steaks quick-service restaurant (QSR) with a drive-thru. Located in Largo, Florida, on the highly visible southwest corner of Ulmerton Road and Starkey Road, this property benefits from a strong traffic count of 62,500 AADT on Ulmerton Road. The property is an outparcel to a Walmart Neighborhood Market, enjoying excellent visibility and convenient access. The absolute NNN lease, with no landlord responsibilities, features a remaining term of over 9 years, with two additional 5-year options to extend. Rent increases by 10% every 5 years throughout the original lease and all option periods, ensuring consistent income growth. Built in 1985 and renovated in 2019, this single-story building sits on a 0.77-acre lot and is zoned CG - Commercial General. The property boasts 100% occupancy and a strong demographic profile, with a population of 107,307 and an average household income of $79,963 within a 3-mile radius. The asking price is $1,736,000, translating to $660.08 per square foot. This represents a compelling investment opportunity in a prime retail location within the Tampa MSA. The lease commenced April 1, 2019, and expires March 31, 2034.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,225,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,067,000
- AI Estimate
- $1,067,000
Market price range: $709k - $2.54MMarket price range: $709k - $2.54M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Largo
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7649
- Latitude
- 27.894
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
