Share This Listing

Message

952 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Starbucks 5220 Little Rd 1,750 SF Retail Building New Port Richey, FL 34655 $3,364,000 ($1,922.29/SF) 5.50% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • +/- 4 Year Remaining Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • More Than 3,600 Households within a 1-Mile Radius
  • 150,317 Residents within a 5-Mile Radius
  • Easily Accessible and Highly Visible Along Little Road (42,000 Cars per Day)

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present for sale Starbucks in New Port Richey, FL.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,750 SF
Building Class
B
Year Built/Renovated
2003/2008
Price
$3,364,000
Price Per SF
$1,922.29
Cap Rate
5.50%
NOI
$185,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.08 AC
Zoning
C2 - C-2, Commercial
Parking
38 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
152’ on Little

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru
  • Air Conditioning

NEARBY MAJOR RETAILERS

Publix
Sonny"s Real Pit Bar B-Q
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-26-16-0020-03300-0060
Land Assessment
$871,564
Improvements Assessment
$163,638
Total Assessment
$1,035,202
  • Listing ID: 34494885

  • Date on Market: 1/15/2025

  • Last Updated:

  • Address: 5220 Little Rd, New Port Richey, FL 34655

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}