Skip to main content

Mixed-Use

Pasco Professional Center

5623 US-19, New Port Richey, FL 34652

Listing Price: $1,999,000

Cap Rate
11.48%
Rentable SF
27,512
Lot Size
1.21 acres
Year Built
1974

Investment Overview

Three Story Retail/Executive Office Building Located in New Port Richey, FL.

Investment Highlights

  • Three Story Retail/Executive Office Building Located in New Port Richey
  • Constructed in 1974 | 30,000 SF | 1.21 Acres
  • Significant Recent Capital Improvements
  • Considerable Upside Provided through Vacancy Lease-Up | Currently Only 17.24% Occupied
  • 150 Feet of Direct Frontage along US Highway 19 (AADT: 58,500)
  • 5 Mile Demographics : 68,221 Total Households | 2022 Total Population: 151,887 | Average Household Income $60,064
  • Situated within a Dense Retail Corridor with Nationally Recognized Tenants nearby including Publix, Big Lots, Starbucks, Sam's Club and many more

Exclusively Listed By

Financing By

Mixed-Use

Pasco Professional Center

Listing Price: $1,999,000

Cap Rate
11.48%
Rentable SF
27,512
Lot Size
1.21 acres
Year Built
1974

Investment Highlights

  • Three Story Retail/Executive Office Building Located in New Port Richey
  • Constructed in 1974 | 30,000 SF | 1.21 Acres
  • Significant Recent Capital Improvements
  • Considerable Upside Provided through Vacancy Lease-Up | Currently Only 17.24% Occupied
  • 150 Feet of Direct Frontage along US Highway 19 (AADT: 58,500)
  • 5 Mile Demographics : 68,221 Total Households | 2022 Total Population: 151,887 | Average Household Income $60,064
  • Situated within a Dense Retail Corridor with Nationally Recognized Tenants nearby including Publix, Big Lots, Starbucks, Sam's Club and many more

Investment Overview

Three Story Retail/Executive Office Building Located in New Port Richey, FL.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower