6102 Indiana Ave - Office FOR SALE


New Port Richey, FL 34653- Town of New Port Richey
$395,000 USD
813-929-7600
6102 Indiana Ave, New Port Richey, FL for Sale
$395,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

6102 Indiana Ave
New Port Richey, FL 34653
Town of New Port Richey


HIGHLIGHTS

  • Irreplaceable Hospital Proximity Directly across from 222 bed Morton Plant North Bay Hospital.
  • Recent comprehensive renovations (2026), Concrete-block construction, central HVAC ideal for owner user or rapid lease up
  • Positioned for NNN rents of $22–$26/SF in a low-vacancy (˜4.9%) Pasco office submarket; supports solid yields for private investors, 1031 buyers
  • Onsite paved parking, within the New Port Richey Community Redevelopment Area, supporting long-term value
  • Ideal for healthcare practitioners, medical billing or ancillary services, legal, accounting, insurance, financial services

OVERVIEW

Directly across from Morton Plant North Bay Hospital, BayCare’s 222-bed acute-care facility and West Pasco County’s only not-for-profit community hospital. This single-story commercial building occupies a rare, irreplaceable location in an active medical corridor. The hospital campus generates continuous daily traffic of patients, staff, physicians, and visitors, creating durable demand for nearby professional and medical-related space that cannot be replicated. The property was fully renovated in 2026 and is currently vacant, delivered as a vanilla shell ready for immediate owner-occupant build-out or NNN lease-up. No existing tenants. Available for immediate occupancy. Constructed of concrete block with stucco exterior and central HVAC, it sits on a 6,534 SF lot with on-site paved parking. It lies within the New Port Richey Community Redevelopment Area (CRA 2002), benefiting from ongoing public investment in infrastructure and corridor improvements. Pasco County’s office submarket currently operates at approximately 4.9% vacancy with average asking rents near $27/SF, reflecting landlord-favorable conditions. Stabilized NNN rents in the $22–$26/SF range are supported by medical-adjacent comps and broader submarket data, positioning the asset for strong cash-flow potential or a high-yield investment exit. At the offered price of $395,000 (~$220/SF), the property is priced attractively relative to replacement cost and the hospital-adjacent premium, appealing to both medical/professional owner-occupants and private investors. Ideal for healthcare practitioners (primary care, physical therapy, behavioral health, specialty clinics), medical billing or ancillary services, professional offices (legal, accounting, insurance, financial services), or as a 1031 exchange or NNN investment vehicle. The combination of hospital adjacency, recent full renovation, on-site parking, CRA location, and constrained supply of comparable medical-corridor sites creates a compelling ownership opportunity in a growing West Pasco market.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

O

APN/PARCEL ID

04-26-16-0030-05700-0110

ASK ABOUT THIS PROPERTY

Sunny SidhuREMAX CommercialMore Info
813-929-7600

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Sunny SidhuREMAX CommercialMore Info
813-929-7600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.