2600 E Bay Dr - Office FOR SALE


Largo, FL 33771
$1,850,000 USD
813-279-1366
2600 E Bay Dr, Largo, FL for Sale
$1,850,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

2600 E Bay Dr
Largo, FL 33771


HIGHLIGHTS

  • Locatedon East Bay one block over from the Starkey / Keene Redlight.
  • Convenient access to major roadways and local amenities.

OVERVIEW

SVN Commercial Advisory Group is pleased to present a compelling investment opportunity at 2600 E Bay Drive in Largo, Florida. This ±17,404 square foot, two-story commercial asset sits on a highly visible 1.76-acre site along one of Mid-Pinellas’ primary corridors, offering a rare combination of in-place income, credit tenancy, and long-term upside. The ground floor is fully leased to Bank of America, providing a strong foundation of cash flow backed by a nationally recognized institution. The tenant has approximately 3.5 years of term remaining along with multiple 5-year renewal options, creating both income stability and future repositioning flexibility. The second floor consists of five office suites currently leased on a month-to-month basis, presenting a clear value-add opportunity for an investor to mark rents to market, re-tenant, or reposition the space to significantly enhance NOI. The property is well-suited for a range of buyer profiles, including: • Investors seeking stable income with upside potential • Value-add buyers looking to capitalize on below-market rents • Developers pursuing a covered land play in a growing corridor With strong frontage, ample parking, and underlying land value, this asset offers multiple paths to value creation in a supply-constrained submarket.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank of America - Largo

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

CG, County

APN/PARCEL ID

36-29-15-92743-000-0010

ASK ABOUT THIS PROPERTY

John MilsapsSVN | Commercial Advisory GroupMore Info
813-279-1366

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John MilsapsSVN | Commercial Advisory GroupMore Info
813-279-1366

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