Bank of America Anchored Investment Property for Sale | Largo, FL Value-Add Opportunity

Investment Overview

SVN Commercial Advisory Group is pleased to present a compelling investment opportunity at 2600 E Bay Drive in Largo, Florida. This ±17,404 square foot, two-story commercial asset sits on a highly visible 1.76-acre site along one of Mid-Pinellas’ primary corridors, offering a rare combination of in-place income, credit tenancy, and long-term upside. The ground floor is fully leased to Bank of America, providing a strong foundation of cash flow backed by a nationally recognized institution. The tenant has approximately 3.5 years of term remaining along with multiple 5-year renewal options, creating both income stability and future repositioning flexibility. The second floor consists of five office suites currently leased on a month-to-month basis, presenting a clear value-add opportunity for an investor to mark rents to market, re-tenant, or reposition the space to significantly enhance NOI. The property is well-suited for a range of buyer profiles, including: • Investors seeking stable income with upside potential • Value-add buyers looking to capitalize on below-market rents • Developers pursuing a covered land play in a growing corridor With strong frontage, ample parking, and underlying land value, this asset offers multiple paths to value creation in a supply-constrained submarket.

Investment Highlights

• Bank-anchored investment
• Covered land play
• Value-add retail
• Mid Pinellas redevelopment
• Below market rent opportunity