Massachusetts Avenue Portfolio Retail FOR SALE


New Port Richey, FL - Greater New Port Richey North
$3,950,000 USD
813-765-4274
, New Port Richey, FL for Sale
$3,950,000 USD
Retail - FOR SALE
1/4
null | 7.16% Cap Rate

Massachusetts Avenue Portfolio
New Port Richey, FL
Greater New Port Richey North


HIGHLIGHTS

  • Two (2) corporate-guaranteed absolute NNN leased assets with a combined NOI of $282,689 and a three (3)-year weighted average lease term
  • Both properties are positioned at the same four-way signalized location, offering the opportunity to control half of the intersection.
  • Tenants are fully responsible for property taxes, insurance, CAM, roof, and structure with zero landlord responsibility.
  • This Dollar General location ranks in the top 90% nationally and is the #1 performing store out of 25 within a 15-mile radius, per Placer AI
  • Aarons operates 1,200+ company-owned and franchised locations across 47 states and was recently taken private in a $500M transaction
  • In-place cash flow with ability to implement re-tenanting strategy

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.