10289 Ulmerton Rd - Freestanding FOR SALE


Largo, FL 33771- Inner Central Peninsula
$9,091,000 USD
727-823-1230
10289 Ulmerton Rd, Largo, FL for Sale
$9,091,000 USD
Freestanding - FOR SALE
1/11
null | 5.85% Cap Rate

10289 Ulmerton Rd
Largo, FL 33771
Inner Central Peninsula


HIGHLIGHTS

  • Total Land Size: 81,101 SF (1.86 AC)
  • Building Size: 16,000 SF
  • 100% occupied NNN Retail Center
  • 2027 NOI of $531,849.
  • High-traffic corridor: 69,500 VPD
  • 83 Parking Spaces

OVERVIEW

10289 Ulmerton Road is a premier 100% occupied NNN retail center in the Tampa Bay MSA, offered at $9,091,000 (5.85% cap rate) with a projected 2027 NOI of $531,849. The property features three recession-resistant national brands, including Mattress Firm, which has operated at this site for 23 years and recently signed a 5-year extension with a 42% rent increase. This demonstrates a powerful long-term commitment to a location already surrounded by elite national anchors like Target, Home Depot, and Publix. The roster, including two publicly traded entities, benefits from staggered lease expirations through 2033 and rent bumps built in. Positioned on a high-traffic corridor (69,500 VPD), this asset combines secure, immediate cash flow with exceptional real estate fundamentals in one of Tampa Bay’s most active commercial hubs.

FOR SALE DETAILS

PRICE

$9,091,000 USD

PRICE/SF

$557 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

CP

APN/PARCEL ID

03-30-15-00000-440-0500

ASK ABOUT THIS PROPERTY

Michael HeretickVector Commercial Real Estate Services, LLCMore Info
727-823-1230

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Michael HeretickVector Commercial Real Estate Services, LLCMore Info
727-823-1230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.