Florida High Growth Two Tenant Net Lease
Low Rent Walmart Outparcel High Traffic
Marketing description
Portfolio Opportunity: This property is available individually or as part of a two-property portfolio alongside 6751 N Church Street, Mulberry, FL 33860.
Prime NNN Retail Investment Opportunity - Walmart Outparcel in Largo, FL
Colliers International is pleased to offer for sale a premier retail property at 13785 Walsingham Rd, Largo, FL 33774. This retail asset, built in 2004, is fully leased to two nationally recognized tenants—Flynn Corp (Pizza Hut) and T-Mobile (GP Mobile)—delivering stable, long-term cash flow through NNN leases with minimal landlord responsibilities.
Investment highlights
Strong Tenant Profile: Flynn Corp, the largest Pizza Hut franchisee, has been a tenant since 2003 with a lease through 2028 and a 5-year renewal option. T-Mobile, a leading wireless provider with over 350 locations, is committed through 2027, ensuring reliable income.
Walmart Outlot Advantage: Strategically positioned as a dominant outlot to Walmart, this property benefits from exceptional visibility, high consumer traffic, and with one of the nation’s top retail anchors.
Prime Location: Situated along Walsingham Rd, a major commercial corridor in Largo, the property enjoys excellent accessibility and a dense surrounding population of over 261,937 within 3 miles, driving consistent tenant performance.
Very Low Rent and Price Point: The property features low rent for Flynn Corp (Pizza Hut) and T-Mobile, securing long-term tenant commitment and minimizing lease turnover risk. Priced at $1,107,120, this asset offers a competitive entry point for investors seeking high-yield retail in the Tampa Bay MSA, with rents significantly lower than comparable properties, enhancing future upside potential upon lease renewals.
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