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5220 Little Rd New Port Richey, FL 34655

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For Sale
$3,364,000

Corporate leased Starbucks with rental increases and multiple renewal options.

Property size:
1,750 SF
Lot size:
1.09 Acres

Property Features for 5220 Little Rd

General Information

Size
1,750 SF
Lot size
1.09 Acres

Source: Marcus & Millichap | Phoenix Agent Chris Lind

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Starbucks Corporate Lease Investment Opportunity

This property is under a corporate lease with Starbucks (NASDAQ: SBUX), with approximately 4 years remaining on the lease. The location benefits from high visibility and easy accessibility along Little Road, which sees 42,000 cars per day. The surrounding area has a substantial residential base, with over 3,600 households within a 1-mile radius and 150,317 residents within a 5-mile radius. The average household income within a 5-mile radius exceeds $76,300. The property is located within a 30-minute drive of Downtown Tampa and is near national tenants such as McDonald’s, Mavis Tire, Publix, and Verizon. The property size is 1,750 square feet. The lease includes 10% rental increases every 5 years, along with multiple renewal options.
Insight Report Location Intelligence

Current Use by Public Records

Starbucks Internet Cafe

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Starbucks

Location Insight

  • Map
  • Local Demand
City
New Port Richey
County
Pasco
State
Florida
Longitude
-82.666813
Latitude
28.2355924

FAQs

What type of property is this?
Coffee shop - Corporate leased Starbucks with rental increases and multiple renewal options.
Where is this coffee shop located?
The property is located at 5220 Little Rd New Port Richey, FL.
What is the asking price?
The asking price for this property is $3,364,000.
What are key features of this property?
This property features: - Corporate lease with Starbucks (NASDAQ: SBUX) with +/- 4 years remaining.; - 10% rental increases every 5 years with multiple renewal options.; - Easily accessible and highly visible location along Little Road (42,000 cars per day).
More about this property
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