8439 Little Road, New Port Richey, FL
Retail for Sale - $2,612,500 - 5,000 Sq. Ft. on 0.96 acres
Property Info
| CIMLS# | 695520 |
| Location 8439 Little Road New Port Richey FL 34654 | |
| Updated | September 16th, 2014 |
| Type | Retail |
| Price | $2,612,500 |
| Building | 5,000 Sq. Ft. |
| Land | 0.96 acres |
Property Description
Bull Realty is pleased to offer, FOR SALE, this Corporate Third Federal Savings & Loan, located in New Port Richey, Florida. This +/- 5,000 sq ft single tenant net lease property resides in the Tampa Bay metro area. The current lease was executed in 2011, with 7+ years remaining. This established and successful offering is priced at a 5.8% cap rate with current annual net income of $152,473.30, along with 1.5% annual rental increases.
Within a 5-mile radius, the population is 134,686 and has an average household income of $47,141. Located along the Gulf of Mexico, in west-central Pasco County and about 35 miles northwest of Tampa, New Port Richey