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Introduction
1,750± freestanding building situation on 1.08± acre parcel, with a new 10 year lease to Starbucks coffee. The property is located in New Port Richey at the intersection of Little Road and Rancho Del Rio Drive in direct proximity to the master planned, mixed-use, Trinity Development.
Originally developed as a Popeye’s Chicken and currently being remodeled as a Starbucks location. Renovations are set to be completed by August 2008. |
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Property Profile
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*Photo is a representation of the property and is not the actual location |
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Location
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5520 Little Rd.
New Port Richey, Florida 34655
Pasco County |
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Freestanding Starbucks |
| Land Size: |
1.08± Acres |
| Building Size (GLA): |
1,750± Square Feet of GLA |
| Year Built/Remodeled: |
2003/2008 |
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Financial Data
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Listing Price: |
$2,480,000 |
| Annual Rent: |
$154,998± |
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Investment Highlights
Ø Average annual income within 3 mile radius is $51,930
Ø 10 year Corporate NNN Lease with four, five year options
Ø Key intersection location with commercial synergy
Ø Average daily traffic count of 39,200 vehicles |
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