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Gulf Harbor Plaza 4740-4780 US Highway 19

33,380 SF 92% Leased Retail Building New Port Richey, FL 34652 $3,935,000 ($118/SF) 6.75% Cap Rate

Investment Highlights

  • Opportunity to acquire an 80% occupied shopping center on approximately 4.82 acres of land fronting US Highway 19 N (65,500 AADT), New Port Richey, FL
  • The property has 1 full access points, 1 RI/RO/LI and 2 RI/RO along US Highway 19 N.
  • The Center is conveniently located in a dense and affluent submarket that contains more than 160,000 residents

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
33,380 SF
Building Class
B
Year Built
1985
Price
$3,935,000
Price Per SF
$118
Cap Rate
6.75%
NOI
$265,613
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
4.82 AC
Zoning
R4 - High Density Residential
Parking
100 Spaces (3 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 4754
  • 2,750 SF
  • Office/Medical
  • -
  • Now
  • 4780
  • 4,000 SF
  • Retail
  • In-Line
  • 60 Days
Space Size Space Use Position Available
4754 2,750 SF Office/Medical - Now
4780 4,000 SF Retail In-Line 60 Days

4754

Size
2,750 SF
Space Use
Office/Medical
Position
-
Available
Now

4780

Size
4,000 SF
Space Use
Retail
Position
In-Line
Available
60 Days

Nearby Major Retailers

IHOP
Truist
Chase Bank
Publix
Cracker Barrel Old Country Store
Denny's
Bank of America
Starbucks
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-26-16-0260-00000-00A0
Land Assessment
$619,846
Improvements Assessment
$1,030,901
Total Assessment
$1,650,747
  • Listing ID: 29419290

  • Date on Market: 9/1/2023

  • Last Updated:

  • Address: 4740-4780 US Highway 19, New Port Richey, FL 34652

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