Winn-Dixie Grocery Net
For Sale
Contact for pricing
Pending
6400 Massachusetts Ave, New Port Richey, FL 34653
Absolute NNN Winn-Dixie supermarket investment with corporate guarantee and fee simple land and building ownership.
Property SizeContact for details
Days on Market121
Property Features for 6400 Massachusetts Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
26,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(415) 231-5231
Listed By:
Jeff Gates · License #CA 01768554
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Fee simple ownership is available for an absolute NNN, corporate-guaranteed Winn-Dixie supermarket property. The tenant recently exercised their first of five option periods, extending the initial term through January 2029. The lease includes a 13% rental increase in February 2024, followed by 6% increases at the beginning of each option period. The lease is guaranteed by Southeastern Grocers and structured as an absolute NNN with zero landlord responsibilities.
The property is located in New Port Richey, Florida at a signalized hard corner intersection of Massachusetts Avenue and Congress Street. The site is described as averaging a combined 26,300 vehicles passing by daily and also provides nearby access onto U.S. Highway 19.
Winn-Dixie is presented as the anchor tenant to Congress Crossings. Nearby tenants listed in the offering include Save-a-Lot, Dollar General, Aaron’s, Walgreens, Harbor Freight Tools, and others, supporting a retail mix serving the surrounding trade area.
The property is located in New Port Richey, Florida at a signalized hard corner intersection of Massachusetts Avenue and Congress Street. The site is described as averaging a combined 26,300 vehicles passing by daily and also provides nearby access onto U.S. Highway 19.
Winn-Dixie is presented as the anchor tenant to Congress Crossings. Nearby tenants listed in the offering include Save-a-Lot, Dollar General, Aaron’s, Walgreens, Harbor Freight Tools, and others, supporting a retail mix serving the surrounding trade area.
Key Highlights
- Absolute NNN Winn‑Dixie supermarket investment with fee simple land & building ownership and corporate guaranteed lease
- Tenant exercised first of 5 option periods, extending the initial term through January 2029
- Lease includes a 13% rental increase in February 2024, plus 6% increases at the beginning of each option period
Property Analytics
Current Use
Lease Details
26,300 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Groceries 28%
Dining 6%
Dollar Tree
Shops & Services
11,664 visits/mo
0.1 miles
Dollar General
Shops & Services
8,683 visits/mo
0.2 miles
Save-A-Lot
Groceries
7,378 visits/mo
0.2 miles
Chevron
Shops & Services
6,713 visits/mo
0.1 miles
Winn-Dixie
Groceries
5,169 visits/mo
0.0 miles
Demographics for 34653, FL
33,381
Population
17,752
Households
1.9
Avg Household Size
49
Median Age
18%
College-Educated
90%
High-School Grad
10.9 sq mi
ZIP Area
3,062
Density / Sq Mi
$47,660
Median Household Income
$35,327
Median Earnings
$1,222
Median Rent
$180,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN Winn-Dixie supermarket investment with corporate guarantee and fee simple land and building ownership.
Where is this nnn property located?
The property is located at 6400 Massachusetts Ave New Port Richey, FL.
What are key features of this property?
This property features: Absolute NNN Winn‑Dixie supermarket investment with fee simple land & building ownership and corporate guaranteed lease; Tenant exercised first of 5 option periods, extending the initial term through January 2029; Lease includes a 13% rental increase in February 2024, plus 6% increases at the beginning of each option period
