Winn-Dixie Grocery Net
6400 Massachusetts Ave New Port Richey, FL 34653
6400 Massachusetts Ave, New Port Richey, FL, 34653
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For Sale
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Pending
Absolute NNN Winn-Dixie supermarket investment with corporate guarantee and fee simple land and building ownership.
Days on Market102
Property Features for 6400 Massachusetts Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency
SRS Real Estate Partners Newport Beach
(415) 231-5231
Listed by
Jeff Gates · License #CA 01768554
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 4:40 pm Checked: Jul 20 at 4:40 pm
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
Location Intelligence
Current Use by Public Records
Winn-Dixie Pharmacy
Grocery & Convenience Store
Congress Crossings
Shopping Center & Mall
Redbox
Cinema
Sweetbay Supermarket
Specialty Food Shop
Western Union
Bank
Similar For Sale Nearby
FAQs
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
