Indian Rocks Plaza
14060 118th Avenue N., Largo, FL 33774
- For Sale Contact for pricing
- Property Type Retail
- Property Size 8,607 SF
- Lot Size 0.48 SF
- Year Built 1969
- Year Renovated 1971
- Date Updated Aug 09, 2022
Excellent opportunity for the savvy owner/investor.
14060 118th Avenue N. is a unique, small mixed-use complex known as Indian Rocks Plaza. The 8,607 SF complex is located on a highly visible 0.48-acre site fronting on Walsingham Road at the Indian Rocks Causeway.
Indian Rocks Plaza consists of the following:
- One 2,094 SF retail/office building
- Five small retail units totaling 2,884 SF
- 10 storage units totaling 3,629 SF
The property is currently 100% occupied. The retail/office building and four of the storage units are currently in use by the seller, and the retail units as well as the remaining six storage units are presently leased at below-market rents. With the current owner occupying a portion of the property, there is immediate revenue potential for an investor via a short-term sale/leaseback of these spaces at market rents.
Value Add Potential
This investment opportunity offers significant "value add" potential, as all the leases are month-to-month or have minimal remaining lease terms and there is a steady demand for the storage units and retail spaces. An owner/investor could occupy the larger retail/office building and collect rent at market rates from the small retail and storage units. Factor in the additional income provided by the billboard on the site, which conveys with the sale, and the new owner could see immediate revenue from the property.
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Reach out to the broker for more info on lease terms and amenities
- Walk Score ® Somewhat Walkable (55)
- Bike Score ® Bikeable (61)
- City Largo, FL
- Neighborhood Shipwatch Yacht Club
- Zip Code 33774
- Market Tampa St Petersburg Clearwater
Points of Interest
12th Avenue Beach Access Park
Seminole High School Student Parking Lot
Seminole High School Visitor Parking Lot
Seminole High School West Faculty Parking Lot
Seminole High School East Faculty Parking Lot
Park Boulevard Boat Ramp
Seminole High School South Faculty Parking Lot
Mike's Pizza and Pub
Jimmy Guana's Bar and Grill
The Original Crabby Bills
Pizza Shack Italian Grille
Walmart Neighborhood Market
Food Mart Lu Lu's
Frequently Asked Questions
What is the total square footage of Indian Rocks Plaza?
Indian Rocks Plaza totals 8,607 square feet.
When was this property built?
Indian Rocks Plaza was built in 1969.
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