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22282270
22282271

2600 E Bay Dr, Largo, FL 33771

JM
FL FL SL3180964
SVN | Commercial Advisory Group-TAMPA
Listed by SVN | Commercial Advisory Group-TAMPA
$1,850,000
447 days on market
Updated 7 days ago

2600 E Bay Drive

Details
APN 36-29-15-92743-000-0010
Property Type Office, Retail
Sub Type Bank, Traditional Office
Square Footage 17,404
Occupancy 100%
Tenancy Multi
Brand/Tenant Bank of America
Lease Type NNN
Price per SqFt $106
Broker Co-Op Yes
Class B
Year Built 1975
Buildings 1
Stories 2
Acreage 1.760
Investment Type Value Add

Bank of America Anchored Investment Property for Sale | Largo, FL Value-Add Opportunity

Marketing description

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.

Investment highlights

  • Tenant Mix: With Bank of America as the anchor tenant on the first floor, you benefit from the stability and prestige of a major financial institution. The second floor's mix of office tenants further enhances the property's income potential.
  • Ample Lot Size: Set on 1.76 acres, the expansive lot provides plenty of parking and landscaped surroundings, adding to the property's curb appeal, functionality, and future redevelopment.
  • Strategic Location: Situated in Largo, FL, the property offers convenient access to major roadways and local amenities, positioning it in a vibrant

Listing Contacts

JM
FL FL SL3180964
SVN | Commercial Advisory Group-TAMPA
Listed by SVN | Commercial Advisory Group-TAMPA

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Additional Information

Name
John Milsaps
License
FL SL3180964
Brokerage Phone
(941) 387-1200
Brokerage Address
1626 Ringling Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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