For Sale
$650,000

1703 Missouri Ave Largo, FL 33770

High-yield office building in Largo, FL.

Overview

Added:
Dec 11, 2024
Days on market:
135
This free-standing office building at 1703 Missouri Avenue, Largo, FL 33770, presents a compelling passive investment opportunity. Built in 1978, the single-unit property is situated on a 16,000 square foot lot and includes 12 parking spaces. Currently operating under a Triple Net Lease with Kyle Smoke Shop, this property offers a strong cap rate of 7.38%. The asking price is $650,000. The building's location within a thriving commercial corridor in Largo, Florida, provides excellent visibility and accessibility. Surrounding businesses include a mix of national and local tenants, further enhancing the property's value and potential for long-term growth. This is an exceptional opportunity for investors seeking a stable, high-yielding asset in a desirable location. The property's strong tenant and favorable lease terms contribute to its attractive investment profile. The substantial lot size offers potential for future expansion or development, adding to its overall appeal. This turnkey investment requires minimal management, making it ideal for passive income seekers. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Highlights

  • Free-standing office building at 1703 Missouri Avenue, Largo, FL 33770.
  • 16,000 square foot lot with 12 parking spaces.
  • Triple Net Lease with Kyle Smoke Shop; 7.38% cap rate.
  • Asking price: $650,000.
  • Excellent visibility and accessibility in a thriving Largo, FL commercial corridor.

Property Details for 1703 Missouri Ave

Property type
Office properties
Year Built
1978
Units
1

Location Insight

City
Largo
County
Pinellas
State
Florida
Latitude
27.934933
Longitude
-82.7871138

FAQs

What type of property is this?
Office property - High-yield office building in Largo, FL.
Where is the office property located?
The property is located at 1703 Missouri Ave Largo, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Free-standing office building at 1703 Missouri Avenue, Largo, FL 33770.; 16,000 square foot lot with 12 parking spaces.; Triple Net Lease with Kyle Smoke Shop; 7.38% cap rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1703 Missouri Ave
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