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Listing Details

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School Ratings & Info

Description

eXp Realty, LLC is pleased to offer for sale Independence Square Plaza, an 18,000 square foot retail center located on US Highway 19 in New Port Richey, FL. Independence Square is located minutes from Downtown New Port Richey, a flourishing historic community that has undergone a recent transformation promoting tremendous growth in the area. Independence Square is 75% leased, with tenants including Liberty Tax, a boutique nail salon, a prominent property management firm, a home healthcare provider, and an upscale barbershop. Tenants surpassing 15 years at Independence Square! With excellent visibility and access this location has upwards of 65,000 daily drive by traffic. Upside potential of approximately 2,500SF raw end cap vacant space and with recent facade improvements including stucco, paint, and signage this building is not one to miss.? Boasting a cap rate of over seven percent (7%), this is a perfect opportunity with incredible upside for any commercial investor.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-20T23:39:46.29.
www.buysellrabell.com/homes/119746062
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5901 Us Highway 19 New Port Richey, FL 34652

  • Price: $2,000,000
  • Status: Active
  • Updated: 83 min ago
  • MLS #: T3320508
0
Beds
0
Baths
0
½ Baths
0.92
Acres
18,008
SQFT
$111
$/SQFT
1967
Built
Neighborhood:
Tampa Tarpon Spgs Land Co
County:
Pasco
Area:
New Port Richey
Property Description
eXp Realty, LLC is pleased to offer for sale Independence Square Plaza, an 18,000 square foot retail center located on US Highway 19 in New Port Richey, FL. Independence Square is located minutes from Downtown New Port Richey, a flourishing historic community that has undergone a recent transformation promoting tremendous growth in the area. Independence Square is 75% leased, with tenants including Liberty Tax, a boutique nail salon, a prominent property management firm, a home healthcare provider, and an upscale barbershop. Tenants surpassing 15 years at Independence Square! With excellent visibility and access this location has upwards of 65,000 daily drive by traffic. Upside potential of approximately 2,500SF raw end cap vacant space and with recent facade improvements including stucco, paint, and signage this building is not one to miss.? Boasting a cap rate of over seven percent (7%), this is a perfect opportunity with incredible upside for any commercial investor.
Exterior Features

Adjoining Property Commercial Construction Materials BlockBrickStucco Foundation Details Slab Lot Features In City LimitsShopping CenterSidewalkStreet LightsStreet Paved Parking Features 19 To 30 SpacesGround Level Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Ceiling Type Drywall Cooling Central Air Heating Central Levels One Sewer Public Sewer

Property Features

Additional Parcels Yn No Community Features Sidewalk Condo Environment Yn No Converted Residence Yn No Flood Zone Code Ae Listing Terms CashConventional Net Operating Income 11175 New Construction Yn No Property Condition Completed Property Sub Type Mixed Use Realtor Info No SignSee Attachments Special Listing Conditions None Tax Annual Amount 14454.00 Tax Year 2020 Total Num Buildings 1 Utilities Bb/Hs Internet CapableElectrical NearbyPhone AvailablePublicWater Connected


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Exp Realty Llc.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-20T23:39:46.29.
 
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Rabell Realty Group
5213 SW 91st Terrace Suite A
Gainesville FL, 32608