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6839 Ridge Rd
Port Richey, FL 34668
RaceTrac · Retail Property For Sale
Property Facts
Amenities
- Freeway Visibility
About 6839 RIDGE RD , PORT RICHEY, FL 34668
Marcus & Millichap has been selected to exclusively market for sale a single-tenant, freestanding RaceTrac convenience store with 20 fueling positions in Port Richey, Florida in the Tampa-St.Petersburg-Clearwater MSA.The property, built in 2001, has 12 years remaining on its original 15-year lease that includes 7.5% rental increases every five years in both the primary term and the seven, five-year renewal options. There is a corporate guarantee from RaceTrac Petroleum, Inc.which has annual sales of $9 billion (2014).* The lease is absolute net with no landlord maintenance responsibilities. *Source: RaceTrac The subject property has direct street frontage at the corner of Sterling Lane and Ridge Road, a highly trafficked corridor with 29,393 VPD. Adjacent to RaceTrac is a Sonic Drive-In and Little Caesars.Publix, 7-Eleven, Napa Auto Parts, CVS/pharmacy, Pizza Hut, and Bank of America are all located in the immediate vicinity.There are 125,151 residents with an average household income of $46,846 within a five-mile radius.
Property Taxes
| Parcel Number | 28-25-16-0010-01100-0030 | Improvements Assessment | $456,758 |
| Land Assessment | $504,124 | Total Assessment | $960,882 |
Property Taxes
