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Investment Highlights

  • New 15-year lease with 10% rent bumps every 5 years during the initial term and option periods
  • 78,000+ population, $435,000+ median home value and $111,000+ AHHI within a 3-mile radius
  • Walsingham Rd (Hwy 688) is a major east-west connector providing direct and easy access to Interstate 275, Downtown Tampa and popular beaches
  • Hard signalized corner of Walsingham Rd and 137th St - 31,700 VPD
  • Adjacent to Barclay Square (2.3M visits), Walsingham Commons (1.8M visits) and Indian Rocks Shopping Center (1.5M visits)
  • 1.5 miles east of Indian Rocks Beach and 2 miles west of the 47-mile-long Pinellas Trail

Executive Summary

TSCG is pleased to offer for sale a 15-year Abs NNN Chipotle in Largo (Tampa MSA), FL. The oversized 2,900+ SF building features a Chipotlane drive thru and is situated at a hard signalized corner with 31,000+ VPD. The Property benefits from its proximity to Indian Rocks Beach (1.5 miles), Walsingham Commons, Indian Rocks Shopping Center and Barclay Square. Major retailers nearby include Publix, Walmart Neighborhood Market, Bealls, Starbucks and Wawa. Chipotle is strategically located along SR 688, a major east-west thoroughfare providing access to Tampa, St. Pete-Clearwater International Airport and Interstate 275.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,905 SF
Building Class
B
Year Built/Renovated
2004/2025
Price
$6,613,277 CAD
Price Per SF
$2,276.52 CAD
Cap Rate
4.70%
NOI
$310,824 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.61 AC
Zoning
C-2 - Commercial
Frontage
160’ on Walsingham Road

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Walmart Neighborhood Market
Publix
Chase Bank
Truist
Regions Bank
Bank of America
Anytime Fitness
Premier Martial Arts
Village Inn

Property Taxes

Property Taxes

Parcel Number
08-30-15-46619-000-0010
Land Assessment
$541,516 CAD
Improvements Assessment
$694,676 CAD
Total Assessment
$1,236,192 CAD
  • Listing ID: 38561692

  • Date on Market: 2025-11-25

  • Last Updated:

  • Address: 13677 Walsingham Rd, Largo, FL 33774

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