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6507 Massachusetts Ave
New Port Richey, FL 34653

$1,950,000 USD

Freestanding For Sale  •  10,908 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,908 SF
  • Lot Size 1.54 AC
  • Building Class B
  • Year Built 1998
  • Cap Rate 7.64 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
65 Walk Score

Highlights

Absolute Net Investment or Owner-User opportunity - 10,908 sf Free-standing Retail Building on 1.54 acres
Aaron's Rents (The Aaron's Company Inc.) has dissolved operations at this location but retains a corporate guaranteed absolute net lease through 4/28
Zero Landlord responsibility - Tenant is responsible for property taxes, insurance & common area maintenance including roof & structure
Property presents an amazing opportunity to acquire a free-standing building, at 4-way lighted intersection, w/ over 400 ft of aggregate frontage
10,908 sf of GLA on 1.54 ac parcel w/ 44 spaces, 15' ceilings, grade-level loading capability, multiple ingress/egress points & building & pylon signs
Building experienced a full renovation of the showroom in 2019 providing state-of-the-art fixtures & finishes for a new occupant

Property Flyers

Cap Rate: 7.64 %

Major Tenants

Tenant SF Occupied Lease End Date
Aaron Rents, Inc. 2/28/2028

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 54 min - 29.9 mi
Tampa International 50 min - 33.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Eugene Ruiz 727-376-4900 Commercial Asset Partners Realty
Eugene Ruiz 727-376-4900 Commercial Asset Partners Realty