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10355 Ulmerton Rd
Largo, FL 33771
Retail Property For Sale


Investment Highlights
- Two established tenants, including T-Mobile and Icon Golf Carts.
- Positioned on heavily traveled Ulmerton Road with strong visibility.
- Recent capital improvements completed throughout the property.
- Long-term NNN leases provide stable income and immediate cash flow.
- Located within a dense retail corridor surrounded by national brands.
- Nearby retailers include Home Depot, Lowe's, Target, Publix, and Marshalls.
Executive Summary
10355 Ulmerton Road features two national and regional tenants, T-Mobile and Icon Golf Carts. This investment opportunity offers long-term NNN leases designed to provide stable income and immediate cash flow.
Demonstrating strong pride of ownership, the retail center is positioned along heavily traveled Ulmerton Road in Largo, one of the Tampa Bay area's most active commercial corridors. The property benefits from excellent visibility and accessibility and is surrounded by a diverse mix of national, regional, and local retailers, restaurants, financial institutions, and government services. Nearby businesses include Home Depot, Lowe's, Walgreens, Target, Publix, Marshalls, and numerous other established destinations that drive consistent consumer activity to the area.
Ownership has completed a series of capital improvements in recent years, including new HVAC systems installed in 2022 and 2023, complete building sealing and exterior painting, parking lot sealing and restriping, landscape enhancements, and a new acrylic roof coating applied to the entire building in November 2024.
All property and lease information is deemed reliable but is not guaranteed. Prospective purchasers should independently verify all information
Demonstrating strong pride of ownership, the retail center is positioned along heavily traveled Ulmerton Road in Largo, one of the Tampa Bay area's most active commercial corridors. The property benefits from excellent visibility and accessibility and is surrounded by a diverse mix of national, regional, and local retailers, restaurants, financial institutions, and government services. Nearby businesses include Home Depot, Lowe's, Walgreens, Target, Publix, Marshalls, and numerous other established destinations that drive consistent consumer activity to the area.
Ownership has completed a series of capital improvements in recent years, including new HVAC systems installed in 2022 and 2023, complete building sealing and exterior painting, parking lot sealing and restriping, landscape enhancements, and a new acrylic roof coating applied to the entire building in November 2024.
All property and lease information is deemed reliable but is not guaranteed. Prospective purchasers should independently verify all information
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
7,540 SF
Building Class
B
Year Built/Renovated
2002/2022
Price
$3,300,000
Price Per SF
$437.67
Cap Rate
6%
NOI
$198,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.83 AC
Opportunity Zone
Yes
Zoning
RMC-16, Largo - General Commercial
Parking
20 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
280’ on Ulmerton Rd
Amenities
- Controlled Access
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 03-30-15-56056-000-0010 | Improvements Assessment | $820,584 |
| Land Assessment | $604,416 | Total Assessment | $1,425,000 |
Property Taxes
Parcel Number
03-30-15-56056-000-0010
Land Assessment
$604,416
Improvements Assessment
$820,584
Total Assessment
$1,425,000
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