This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

13702 Walsingham Rd
Largo, FL 33774

Mavis Tires & Brakes · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 2024 Construction - Tenant's latest prototype - 7 bays with ample parking
  • Rare 20 year term with 10% rent increases every 5 years of the initial term and option periods - Inflation resistant lease structure
  • Mavis is ranked top independent automotive service business in the United States with over 2,300 service centers in 39 states
  • Absolute net lease structure requiring zero landlord responsibilities
  • Premium location in tax free Florida | Fee simple ownership
  • Affluent community: Average household income within a 3 mile radius: $91,720

EXECUTIVE SUMMARY

2024 Construction - Tenant's latest prototype - 7 bays with ample parking
Absolute net lease structure requiring zero landlord responsibilities
Rare 20 year term with 10% rent increases every 5 years of the initial term and option periods - Inflation resistant lease structure
Premium location in tax free Florida | Fee simple ownership
Mavis is ranked top independent automotive service business in the United States with over 2,300 service centers in 39 states
Walsingham Road provides ample traffic counts of 27,000 VPD+/-
Affluent community: Average household income within a 3 mile radius: $91,720
Population within a 3 mile radius exceeds 80,180 people | 170,027 people within a 5 mile radius
Neighboring national retails include: Walmart Neighborhood Market, Publix Super Market, Walgreens, CVS Pharmacy, McDonald's, Chase Bank, Taco Bell, Wendy's, Starbucks, 7-Eleven, KFC, and many more

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,402 SF
Building Class
C
Year Built/Renovated
1979/2024
Price
$5,051,200 CAD
Price Per SF
$1,484.77 CAD
Cap Rate
5%
NOI
$252,560 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.78 AC
Zoning
Commercial General, City
Parking
39 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-30-15-00000-110-0100
Land Assessment
$838,590 CAD
Improvements Assessment
$0 CAD
Total Assessment
$838,590 CAD
  • Listing ID: 34148675

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 13702 Walsingham Rd, Largo, FL 33774

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}