6201 Ridge Rd - Storefront Retail/Office FOR SALE


Port Richey, FL 34668
$850,000 USD
813-493-1297
6201 Ridge Rd, Port Richey, FL for Sale
$850,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 7.65% Cap Rate

6201 Ridge Rd
Port Richey, FL 34668


HIGHLIGHTS

  • 7.65% Cap Rate | 95% Occupancy | Recent Capital Improvements
  • 28000 Daily Traffic Count
  • High concentration of Retail, Restaurant and Services surrounding the location

OVERVIEW

** $125,000 Price Improvement ** Prime investment opportunity to acquire a 95% occupied commercial plaza in Pasco County, Florida. The property consists of six units, with well established tenants. Only 570 sf out of 4777 sf vacant space. Capital improvements, include: a new shingle roof (2025), HVAC systems all under three years old, and recently resurfaced parking lot 2/2026. Current effective NOI is $65,000, Pro Forma NOI $71,000. Tenant Lease renewals 2/2027

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6201-6211

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,316 SF

ZONING

C2

APN/PARCEL ID

28-25-16-0100-00000-0204

ASK ABOUT THIS PROPERTY

Kevin GuzmanThe Elite Realty Experience LLCMore Info
813-493-1297

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Kevin GuzmanThe Elite Realty Experience LLCMore Info
813-493-1297

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