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INVESTMENT HIGHLIGHTS
- Building is vacant and Monro Muffler Brake will terminate their lease upon request.
- 8 work bays and spacious customer lobby. There are no underground lifts, oil-water separators, or underground tanks reported. On County sewer.
- Large pylon sign & a monument sign in front of the adjacent Bob Evans restaurant off US 19, offering great visibility with 52,000 cars per day
- 4,750 SF of ground floor space, with +/- 1,500 SF of concrete floor mezzanine storage space for inventory
- Five aboveground Rotary lifts will convey with the property.
EXECUTIVE SUMMARY
Bridgewater Commercial Real Estate is excited to offer this 8-bay automotive services property, owned by McGee Tire Stores. Monro Muffler Brake no longer occupies the building and has a lease that expires on June 30, 2026. As such, Monro will terminate the lease upon request. There is an additional +/- 1,500 SF of mezzanine storage space with a concrete floor bringing the total space to 6,250 SF. There are no underground lifts, oil-water separators, or underground tanks reported. Five aboveground Rotary lifts will convey with the property.
The property features a large pylon sign and a monument sign via an easement in front of the adjacent Bob Evans restaurant off US 19, offering great visibility with 52,000 daily vehicles on US 19 North. It is accessible to both north and southbound US 19 traffic via Salt Springs Road.
Adjacent to the Gulfview Square Mall, the site of a former Sears is under permitting for a high-end apartment complex. The neighboring complex will include 280 units across three 4-story buildings, a clubhouse with a pool, and a small dog park, marking the second major apartment project at Gulf View Square Mall after Gables at Gulf View (384 units) opened in 2020. Port Richey is growing at a 3.7% annual rate, per worldpopulationreview.com, with 165,868 residents within a 15-minute drive, according to ERIS. Zoned C2, the property supports all C1 uses, as well as various retail, contractor, warehousing, repair shop, and other uses.
This property is ideal for an owner/user or an investor looking to attract a new tenant.
The property features a large pylon sign and a monument sign via an easement in front of the adjacent Bob Evans restaurant off US 19, offering great visibility with 52,000 daily vehicles on US 19 North. It is accessible to both north and southbound US 19 traffic via Salt Springs Road.
Adjacent to the Gulfview Square Mall, the site of a former Sears is under permitting for a high-end apartment complex. The neighboring complex will include 280 units across three 4-story buildings, a clubhouse with a pool, and a small dog park, marking the second major apartment project at Gulf View Square Mall after Gables at Gulf View (384 units) opened in 2020. Port Richey is growing at a 3.7% annual rate, per worldpopulationreview.com, with 165,868 residents within a 15-minute drive, according to ERIS. Zoned C2, the property supports all C1 uses, as well as various retail, contractor, warehousing, repair shop, and other uses.
This property is ideal for an owner/user or an investor looking to attract a new tenant.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,750 SF
Building Class
B
Year Built
1988
Price
$1,150,000
Price Per SF
$242.11
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.15
Lot Size
0.72 AC
Zoning
C2 - Zoned C2, the property supports all C1 uses, as well as various retail, contractor, warehousing, repair shop, and other uses
Parking
28 Spaces (5.89 Spaces per 1,000 SF Leased)
Frontage
137’ on Salt Springs Road
AMENITIES
- Mezzanine
- Pylon Sign
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Monro Muffler Brake
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Monro Muffler Brake | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-25-16-0000-00700-0000 | Improvements Assessment | $362,075 |
| Land Assessment | $155,274 | Total Assessment | $517,349 |
PROPERTY TAXES
Parcel Number
21-25-16-0000-00700-0000
Land Assessment
$155,274
Improvements Assessment
$362,075
Total Assessment
$517,349
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6135 Salt Springs Rd
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