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Shopping Strip

Ashley Furniture & Burlington Coat Factory | Tampa MSA

6411 Tacoma Dr, Port Richey, FL 34668

Listing Price: $11,250,000

Cap Rate
6.50%
Gross SF
91,000
Rentable SF
91,000
Price/Gross SF
$123.63
Lot Size
8.40 acres
Year Built
1991

Investment Overview

Please see offering memorandum for full details

Investment Highlights

  • BRAND NEW LEASE EXTENSIONS Both Tenants have exercised their option periods simultaneously within the last 2 months.
  • BOOMING POPULATION With over 270,000 people within a 10-mile radius the Port Richey submarket has continued to see steady growth over the last 12-years and is projected to continue.
  • RECENT RENOVATIONS Brand new facade put on the property in 2014 and has been impeccably maintained since then.

Exclusively Listed By

Shopping Strip

Ashley Furniture & Burlington Coat Factory | Tampa MSA

Listing Price: $11,250,000

Cap Rate
6.50%
Gross SF
91,000
Rentable SF
91,000
Price/Gross SF
$123.63
Lot Size
8.40 acres
Year Built
1991

Investment Highlights

  • BRAND NEW LEASE EXTENSIONS Both Tenants have exercised their option periods simultaneously within the last 2 months.
  • BOOMING POPULATION With over 270,000 people within a 10-mile radius the Port Richey submarket has continued to see steady growth over the last 12-years and is projected to continue.
  • RECENT RENOVATIONS Brand new facade put on the property in 2014 and has been impeccably maintained since then.

Investment Overview

Please see offering memorandum for full details

Exclusively Listed By

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