15,631 SF | 74% Leased | Office Building | New Port Richey, FL

Office for Sale
Catylist Listing ID: 30181444
Property Subtypes: Executive Suites, Medical, Office Building
Building Size (RSF): 15,631 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $89.57 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 5.6%
Last Updated: 3/8/2021

Overview / Comments

Single story building with excellent parking and in great condition. The building has a large pylon sign. Highly visible with heavy daytime traffic. Convenient location at the corner of Little Road and Rancho Del Rio Drive in New Port Richey. Prime area for business and in the same area as other very successful storefronts including; SunTrust, Bank of America, Wells Fargo, Dunkin' Donuts, Walgreens, Starbucks and Publix nearby. Very high density of residential in the area.

Building has long term tenants and also some vacancy.
2000 SF of medical office space available and could be used as a dental office. Building has an operational executive suite business with 4 vacancies available.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 1626120010033000062
Highway Access: Easy access to SR 54 and SR 19.
Airports: Saint Petersburg-Clearwater International Airport - 29 mi, Tampa International Airport - 30.9 mi
Total Number of Buildings: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,437 64,605 157,441
Median Age: 51.52 46.07 44.72
Households: 4,231 28,161 67,264

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