6217 U.S. 19

New Port Richey, FL 34652

Listing ID: 142916
$775,000
For Sale
  • Lot Size Acres 0.650
  • Land Sq Ft 28,314
  • Land Price per Sq Ft $27.37
  • NOI $67,200
  • CAP Rate % 8.70
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Description
Highlights

  • Pure NNN Lease with Long Term Tenant in Place - Nearly 5 years remaining on current lease term

  • Very successful location with nearly 300 feet frontage on US 19, one block S. of Main St.

  • Large fenced in back lot that is currently set up for Auto/ Boat/RV storage.



  • Below market rents ($13/sf + NNN) with MASSIVE UPSIDE POTENTIAL

  • Includes Billboard ($7,200/ yr lease up for renewal October 2024)

  • Vibrant growing city of New Port Richey - https://www.cityofnewportrichey.org/city-departments/development/development-ctivity/


Description

Pure NNN Lease with Long Term Tenant (over 20 years) in Place - Brand New 5 year lease in place with two x five-year options to renew with escalations.


Very successful location with over 250 feet frontage on US 19, one block S. of Main St.


Existing Billboard Signage is Grandfathered in with excellent visibility for any business.


Large fenced in back lot that is currently set up for Auto/ Boat/RV storage.


Includes Billboard ($7,200/ yr lease up for renewal October 2024)


New Development Projects City of New Port Richey:


New development projects are bringing new style, new energy, and new opportunities across the city


Location

Corner lot with over 250 feet frontage on US 19 in Vibrant New Port Richey one block S. of Main St.


4,265 sf of retail storefront plus large fenced in Boat/ Auto/ RV Storage

Attachments & Files
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population7,37560,247135,649
Population Median Age494544
Population by Age0-9 Yrs452571213642
10-19 Yrs617608614000
20-29 Yrs687652415056
30-39 Yrs720709115284
40-49 Yrs800696717164
50-59 Yrs1156830018747
60-69 Yrs1518927619654
70+ Yrs14241029022103
Median HH Income$32,742$37,595$39,671
Total Household Income< 24K1323827216772
25-49K996852118575
50-74K369418110175
75-99K27324685760
100-199K36422005188
200K+112417883
Highest Education LevelNo Diploma826579511955
Diploma or GED21731723539246
Some College1300947021546
Assoc. Degree660541511515
Bachelors Degree624489511486
Higher Degree35823954937
Total Housing Units4,80433,24271,400
--Owner-Occupied1,78815,10736,171
--Renter-Occupied1,64810,95321,182
Owner-Occupied Values< 100K878875419307
100-199K459360610444
200-299K23012243550
300-399K986131394
400-499K43298572
500K+81612905
Total Working Age Population6,60150,998113,461
In Work Force3,02925,10058,648
Not In Work Force3,57125,89854,812
Workforce Employed2,80323,16954,280
Workforce Unemployed2261,9114,320
Civlian Workforce3,02925,08158,600
Military Workforce01948
Total Households3,43726,06057,354
Family Households1,81614,71334,023
Non-Family Households1,62111,34723,330
Married Couple1,26210,12023,698
Other Family5544,59210,326
Married w/Child2302,5146,876
Single Male w/Child485271,287
Single Female w/Child2261,8713,849

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Pasco County344,765+35464,697+15534,491+16619,929

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
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Derek Seckinger

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