6507 Massachusetts Ave - Freestanding FOR SALE


New Port Richey, FL 34653- Greater New Port Richey North
$1,950,000 USD
813-765-4274
6507 Massachusetts Ave, New Port Richey, FL for Sale
$1,950,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

6507 Massachusetts Ave
New Port Richey, FL 34653
Greater New Port Richey North


HIGHLIGHTS

  • 10,908 SF of GLA with 15 FT ceilings, grade-level door, inventory belt, and drive-thru capability on 1.54 AC with 56 parking spots
  • New roof and repaved and restriped parking lot as of August 2025
  • Property presents an amazing owner-user or investment opportunity to acquire a freestanding retail building at a 4-way lighted intersection
  • Located at the intersection of Massachusetts Avenue and Congress Street with combined 25,000 AADT
  • Property is currently subject to a dark corporate-guaranteed Absolute Triple Net (NNN) lease with Aaron’s through April 2028
  • Adjacent to new ALDI, Dollar Tree, Dollar General,?and McDonald's

OVERVIEW

RIPCO Real Estate is pleased to present the exclusive offering of a 10,908 SF versatile retail asset centrally located in New Port Richey, Florida—an established yet rapidly growing city in West Pasco County. The property offers excellent flexibility and strong opportunity for an owner-user or re-tenanting play. Originally constructed as a CVS, the building has undergone a full showroom renovation featuring state-of-the-art fixtures, finishes, lighting, and a new roof completed in August 2025. The design incorporates high ceilings, ample storage, grade-level loading, automatic storefront doors, and drive-thru capability—making it a highly functional asset for both distribution and high-volume retail operations. The newly repaved and re-striped 1.54-acre parcel offers 56 parking spaces and multiple signage opportunities, providing excellent visibility along this high-growth corridor. The surrounding trade area benefits from Pasco County’s explosive growth—one of the fastest-growing counties in the nation—with population increasing by 30% over the past decade (approximately 3.8% annually). Located just 2.5 miles from the property, Lennar’s New Port Corners master-planned development is slated to deliver 3,397 new homes and 4.8 million square feet of commercial, retail, and office space, further reinforcing the area’s strong long-term trajectory of growth.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner-User or Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

C-2

APN/PARCEL ID

33-25-16-0110-00C00-0061,33-25-16-0110-00C00-0090

ASK ABOUT THIS PROPERTY

Eugene RuizRipco Real EstateMore Info
813-765-4274

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Eugene RuizRipco Real EstateMore Info
813-765-4274

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