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Largo, FL - Equipment Share

$12,528,000

1333 Starkey Road, Largo, FL 33771

Active
Last Updated: 07/02/2025

5

Cap Rate

626,402

NOI

Details:
Cap Rate:    5%
NOI:    $626,402
Building Size:    29,925 sqft
Lot Area:    5.79 acres
Year Built:    1999
Zoning:    IL: Industrial Limited
Description:

• There are 14 years remaining on the original 15-year lease with 2 (5-year) options to extend
• The lease features 2.50% annual rent increases, generating NOI and hedging against inflation
• Signed lease by EquipmentShare.com, Inc., the fastest-growing equipment solutions provider in the U.S
• The company has grown into a team of over 6,500 employees across an expanding footprint of 300+ rental, retail, and service locations across 43 states, offering over 254,000 connected assets

• Less than a mile North off Ulmerton Road (69,500 VPD), a major retail and commuter thoroughfare serving Pinellas County
• 3 miles West off US-19 (103,000 VPD), a major north/south long-haul road serving Florida and the rest of the Eastern United States
• The site is located within an industrial corridor with nearby tenant synergy from other industrial users
• Building is equipped with 7 overhead doors for efficient loading/unloading

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