Internet Resistant Center-Food and Medical Us
8263 Little Road, New Port Richey, Florida 34654
Sold: $4,300,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
7,420 sqft
Land Size
1.22 acres
Zoning
Commercial
Year Built
2016
Property Description
***Active With Contract/ Pending Sale***
A potential investor to acquire a 100% occupied strip Center in New Port Richey, FL. The tenants include Heartland Dental, Jersey Mike’s, Sports Clips, and USA Wireless, which provides diversity to the income stream. 65% of the income stream is from corporate leases and the other 35% of the income is from strong franchisees of national brands. Heartland Dental anchors the center, is a $1 billion in revenue company and has rare annual rental increases. The property is on a hard corner signalized intersection, fronts the main road, is anchored by major boxes in the trade area, and has numerous access points – all in which are primary retail fundamentals.
Highlights
- Internet Resistant Center-Food and Medical Uses
- NN Leases | Fee Simple Ownership
- Anchored by Heartland Dental, the Largest Dental Support Organization in the US
- Wal-Mart, Lowe's, Home Depot and Kohls anchored intersection
- Hard Corner Signalized Intersection
- New Port Richey has seen the job market increase by 2.4% over the last year.
- New Port Richey reached its highest population of 17,239 in 2021 and its population has increased by 15.61% since the most recent census, which recorded a population of 14,911 in 2010.
