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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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Location

  • Walk Score ® Somewhat Walkable (55)
  • Bike Score ® Bikeable (61)
Powered by Walk Score ®
  • City Largo, FL
  • Neighborhood Shipwatch Yacht Club
  • Zip Code 33774
  • Market Tampa St Petersburg Clearwater

Points of Interest

Citgo

0.16 miles

Speedway

0.59 miles

7-Eleven

1.29 miles

Shell

1.34 miles

Wawa

1.59 miles

Sunoco

1.93 miles

Shell

2.64 miles

Mobil

2.89 miles

Speedway

2.93 miles

BP

2.96 miles

12th Avenue Beach Access Park

1.12 miles

Seminole High School Student Parking Lot

2.51 miles

Seminole High School Visitor Parking Lot

2.56 miles

Seminole High School West Faculty Parking Lot

2.61 miles

Seminole High School East Faculty Parking Lot

2.64 miles

Park Boulevard Boat Ramp

2.67 miles

Seminole High School South Faculty Parking Lot

2.68 miles

Lot 4

5.95 miles

Lot 6

6.01 miles

Lot 8

6.04 miles

Mike's Pizza and Pub

0.18 miles

Jimmy Guana's Bar and Grill

0.41 miles

Villa Gallace

0.53 miles

Wendy's

0.54 miles

The Original Crabby Bills

0.56 miles

Jake's Cantina

0.57 miles

Pizza Shack Italian Grille

0.59 miles

SpEGGtacular

0.61 miles

McDonald's

0.66 miles

Pizza Hut

0.74 miles

Publix

0.49 miles

Walmart Neighborhood Market

0.71 miles

Food Mart Lu Lu's

1.36 miles

Publix

1.37 miles

Winn-Dixie

2.83 miles

Publix

2.90 miles

Mobil Mart

2.90 miles

Winn-Dixie

3.37 miles

Publix

3.58 miles

Target

3.59 miles

Contacts

broker

Pat Marzulli

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.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Pat Marzulli

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