$4,300,000
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7,420 SqFt
SOLD DATE : 03/31/2022
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,420 sqft
Price per Sqft $579
MLS Listing ID A11137095
Sold Date 03/31/22
HOA Y/N No
Year Built 2016
Contingent Pending Inspections
Lot Size 1.220 Acres
Property Sub-Type Retail
Property Description
A potential investor to acquire a 100% occupied strip Center in New Port Richey, FL. The tenants include Heartland Dental, Jersey Mike's, Sports Clips, and USA Wireless, which provides diversity to the income stream. 65% of the income stream is from corporate leases and the other 35% of the income is from strong franchisees of national brands. Heartland Dental anchors the center, is a $1 billion in revenue company and has rare annual rental increases. The property is on a hard corner signalized intersection, fronts the main road, is anchored by major boxes in the trade area, and has numerous access points – all in which are primary retail fundamentals
Location
State FL
County Other Florida County
Area 5940 Florida Other
Exterior
Private Pool Yes
Building
Story 1
Level or Stories One
Others
Tax ID 26-25-16-0100-00000-0080
Financing Seller Financing
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