8410 Regency Park Blvd
Port Richey, FL 34668
CVS Pharmacy - Zero Cash Flow · Retail Property For Sale

This CVS property is located at 7120 Ridge Road in Port Richey, Florida. Port Richey is a city in Pasco County, Florida. It is a suburban city in the Florida Metropolitan Statistical Area. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense residential corridor. Surrounding retailers include: Walmart, Hobby Lobby, Home Depot, Dunkin Donuts, AutoZone, Applebee’s, Dollar Tree, Kohl’s, Arby’s, Lowe’s and many more. Morton Plant North Hospital is located three miles from the subject property. Morton Plant North Hospital is a 150-bed facility. There are five schools located within three miles from the subject property and have a combined total enrollment of over 4,000 students. Traffic Counts and Demographics Port Richey has a robust population with approximately 64,093 people residing within a three-mile radius of the property and over 139,000 people within a five-mile radius. This CVS is situated on Ridge Road which experiences average daily traffic counts of 32,043 vehicles. Intersecting with Ridge Road is US Highway 19 which brings in an additional 66,873 vehicles to the immediate area. Port Richey, Florida Port Richey is Located just 30 miles outside of Tampa, Florida. In Tampa, Finance, retail, healthcare, insurance, shipping by air and sea, national defense, professional sports, tourism, and real estate all play vital roles in the area's economy. Hillsborough County alone has an estimated 740,000 employees, a figure which is projected to increase to 922,000 by 2018. Several large corporations, such as banks and telecommunications companies, maintain regional offices in Tampa. Downtown Tampa underwent significant development and redevelopment in line with a general national trend toward urban residential development. The Tampa Downtown Partnership noted development proceeding on 20 residential, hotel, and mixed-use projects. Several developments are nearing completion, which city leaders hope will make downtown into a 24-hour neighborhood instead of a 9 to 5 business district. Tampa's port is now the seventh largest in the nation and Florida's largest tonnage port, handling nearly half of all seaborne commerce that passes through the state. Tampa currently ranks second in the state behind Miami in terms of cruise ship travel. The city of Tampa operates over 165 parks and beaches covering 2,286 acres within city limits; 42 more in surrounding suburbs covering 70,000 acres are maintained by Hillsborough County. These areas include Hillsborough River State Park, just northeast of the city. Tampa is home to a number of attractions and theme parks, including Busch Gardens Tampa, Adventure Island, the Lowry Park Zoo, and the Florida Aquarium.