8425 US Highway 19
Port Richey, FL 34668
Dunkin Donuts/Culvers NNN Trophy Corner · Retail Property For Sale

Marcus & Millichap is pleased to exclusively present this Culvers and Dunkin Donuts single parcel asset with two free standing buildings. The Culvers lease has more than 12 years remaining on the base term and the Dunkin Donuts has more than 7 years. Both leases have very strong personal guarantees. The property enjoys sufficient parking with over 100 parking spots and 4 points of access. Being situated on 1 entire block, the subject property has the benefit of a signalized intersection and frontage on Bay Boulevard, Richey Drive and US-19. With frontage on two major thoroughfares, the property has visibility to over 80,000 vehicles per day. The property is situated across the street from a Walmart Supercenter which has attracted many strong tenants to the area such as Checkers, PNC Bank, Wawa, Long John Silvers and Red Lobster to name a few. The assets include absolute net-leases with more than 12 and 7 years remaining, respectively. The rent increases annually during the base term of the Culvers lease and every five years for the Dunkin Donuts Lease. An investor can realize a strong return from two e-commerce resistant tenants on a very large piece of land situated directly across from a Walmart Supercenter. Out-parcels to the Walmart Supercenter include The Local Fresh Grill of Pasco, Wawa, McDonalds, Long John Silvers, AT&T, The Honey Baked Ham Co., and Murphy USA