7701 Little Rd
New Port Richey, FL 34654

Vanwald & Associates is pleased to present the unique opportunity to bid and acquire Unit 201 of the Barrister West Building, located in a Class “A” building at 7701 Little Road, New Port Richie, Florida. Unit 201 is located on the second floor of a well kept, Class “A” building on busy Little Road. The property shows great, both inside and out, and has a newer roof, newly paved parking lot, new paint, and more. The unit has a brand new build out (including new HVAC units). 100% Leased. New NNN Leases. The unit is 100% leased to an attractive mix of professionals. All leases are NNN type with full pass-through of operating expenses. The leases stipulate that tenants pay Base Rent (which is net of expenses) and Additional Rent (CAM) to cover the pro-rata share of the expenses associated with the center. This structure insulates the landlord from any future cost increases. Anchor Tenants. BayCare Health System, a $4 Billion company is leasing half of the first floor with the other half being leased by the VA. This speaks for the quality of the building and the location (Not included in the Sale). Minimum Landlord Responsibility. The BUILDING ASSOCIATION (paid by tenant as part of CAM) maintains the structure and roof of the building, along with all common area components, parking, and parking lights, landscaping, porter service, janitorial for the common areas, and more. This makes managing the Unit very easy and without a lot of owner involvement. The overall look of the building and the fluid interior build out of the suites should continue to serve as a catalyst in retaining the current tenant or in attracting new ones. AUCTION SALE! Download Offering Memorandum or call listing broker for auction details! Auction starts April 25 and ends April 27. Starting bid $400,000.