28.233356 -82.66662

5089 LITTLE ROAD New Port Richey, FL 34655

322886577 28.233356 -82.66662 2 /listing/322886577-150012674/5089-little-road-new-port-richey-fl-34655 False 0 1750000.0 6742 101 T3402501 False
  • $1,750,000
  • 6,742 sqft
  • 0.94 lot
  • Est payment $9394.38/mo

Property & Neighborhood Info

Courtesy Of BAY STREET COMMERCIAL LLC, 8132546756

Commercial in NEW PORT RICHEY

NNN Leased (Baycare) Medical Investment PropertyThis 4,991 SF Little Road medical office has been recently leased to Baycare Medical Group for a new 7 year term and the tenant has recently completed their interior tenant improvements for a primary care medical facility. Lease commencement was June 27, 2022 and the expiration date is June 30, 2029. This medical condo unit, Unit B, is located within a 9,982 SF building (Units A & B). The condominium consists of three (3) Units; Units A, B and C. This 1.88 acre condominium complex offers a 6 space per 1000 SF parking ratio, making it ideal for high traffic practitioners as the site is located seconds from River Crossings Shopping Center, one of the busiest Publix shopping centers in the area. Other neighbors include Starbucks, McDonalds, Monticciolo Family Dentistry, Prestige Dermatology, Verizon Wireless, and Dunkin Donuts. The Year 1 Net Operating Income is $99,820 with 3% annual escalation throughout term with no rent holiday. The tenant funded their own interior buildout and enjoys a below market rent; offering added longterm security to a new owner. Located in the New Port Richey area east of US 19 and north of State Road 54 with close proximity to the Suncoast, offering easy access to all surrounding areas.

Courtesy Of BAY STREET COMMERCIAL LLC, 8132546756
  1. 6,742 Sq. Ft.
  2. 0.94 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 2002
  • Floors: 1
  • County: Pasco
  • Taxes: $16,063.09
  • Tax Year: 2021
  • Zoning: C2
  • Subdivision: Tampa Tarpon Spgs Land Co
  • MLS Number:T3402501

Additional Features

  • Cooling:
    • Central Air
  • Building Area Source:
    • Owner
  • Building Square Feet:
    • 4991
  • Construction:
    • Block
  • New Construction:
    • false
  • Property Subtype:
    • Office
  • View:
    • false
  • Foundation:
    • Slab
  • Waterfront:
    • false
  • Parking:
    • 19 to 30 Spaces
  • Road Surface:
    • Asphalt
  • Number of Buildings:
    • 1
  • Road Frontage:
    • County Road
  • Legal Description:
    • COM SE COR OF SEC 11 TH N89DEG 28'24"W 60.00 FT TH 347.60 FT ALG ARC OF CV LEFT RAD 1940.26 FT CHD N04DEG 26'49"W 347.21 FT TH N89DEG 28' 24"W 36.17 FT TH 526.85 FT ALG ARC OF CV LEFT RAD 1895.00 FT CHD N16DEG 14'39"W 525.15 FT FOR POB TH S58DEG 57'41"W 252.06 FT TH 165.70 FT ALG ARC OF CV LEFT RAD 1645.00 FT CHD N26DEG 03' 05"W 165.63 FT TH N59DEG 45' 31"E 250.06 FT TH 162.05 FT ALG ARC OF CV RIGHT RAD 1895.00 FT CHD S26DEG 39' 34"E 162.00 FT TO POB OR 8922 PG 790
  • CDOM:
    • 7
  • Covered Spaces:
    • 0
  • Listing Key:
    • 93d19d754d298426b29660785ab911e5
  • Listing URL:
    • https://www.state27homes.com/search/listing/T3402501
  • Parcel Number:
    • 16-26-11-0020-04300-0000
  • Virtual Tour URLUnbranded:
    • https://www.propertypanorama.com/instaview/stellar/T3402501
Neighborhood info courtesy of Homes.com © 2022

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Odette Godin
Odette Godin
4175 Woodlands Pkwy Palm Harbor FL 34685
28.233356 -82.66662

5089 LITTLE ROAD New Port Richey, FL 34655

322886577 28.233356 -82.66662 2 /listing/322886577-150012674/5089-little-road-new-port-richey-fl-34655 False 0 1750000.0 6742 101 T3402501 False
  • $1,750,000
  • 6,742 sqft
  • 0.94 lot
  • Est payment $9394.38/mo