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Suntrust (Truist) Bank 14040 Walsingham Rd 3,190 SF Retail Building Largo, FL 33774 $3,424,132 CAD ($1,073.40 CAD/SF) 6.24% Cap Rate



Investment Highlights
- Walsingham Road experiences approximately ±28,000 vehicles per day, providing strong visibility and consistent exposure to high traffic volumes
- Within a three-mile radius, the site is supported by a dense and affluent population of more than 69,731 residents
- he property underwent a comprehensive renovation in 2016, minimizing near-term capital expenditure requirements
- The property benefits from prominent street frontage, multiple access points, and a signalized intersection shared with Walgreens
- The surrounding retail corridor is anchored by a strong lineup of national tenants, including Publix, CVS, and Walmart Neighborhood Market
Executive Summary
Name
Kyle Matthews
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # CQ1066435, BK3554632 (FL)
Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Phone
(866) 889-0550
Kyle Matthews
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # CQ1066435, BK3554632 (FL)
Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Phone
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,190 SF
Building Class
B
Year Built
2006
Price
$3,424,132 CAD
Price Per SF
$1,073.40 CAD
Cap Rate
6.24%
NOI
$213,600 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.99 AC
Zoning
R-3 - Residential
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200’ on Walsingham Rd.
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-30-15-65596-000-0010 | Improvements Assessment | $1,300,026 CAD |
| Land Assessment | $866,586 CAD | Total Assessment | $2,166,612 CAD |
Property Taxes
Parcel Number
18-30-15-65596-000-0010
Land Assessment
$866,586 CAD
Improvements Assessment
$1,300,026 CAD
Total Assessment
$2,166,612 CAD
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Photos
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Street
Map
Presented by
Suntrust (Truist) Bank | 14040 Walsingham Rd
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