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14040 Walsingham Rd, Largo, FL, 33774

Dark Truist Bank
$2,516,800

Key Information

Cap Rate
6.25%
$ per SF
$765
Tot. SF
3,190
Lot Size
0.99 Acres
Year Built
2006
Term Remaining
±5 YRS
Type
Retail
NOI
$157,000

Highlights

  • Walsingham Road experiences approximately ±28,000 vehicles per day, providing strong visibility and consistent exposure to high traffic volumes.
  • The property benefits from prominent street frontage, multiple access points, and a signalized intersection shared with Walgreens, allowing for convenient ingress and egress.
  • Within a three-mile radius, the site is supported by a dense and affluent population of more than 69,731 residents, approximately 15,000 daytime employees, and average household incomes exceeding $124,720.
  • The surrounding retail corridor is anchored by a strong lineup of national tenants, including Publix, CVS, Walmart Neighborhood Market, Walgreens, and many other national namebrands.
  • The property underwent a comprehensive renovation in 2016, minimizing near-term capital expenditure requirements and positioning the asset competitively among comparable vacant single-tenant bank properties.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203