Leased Office Portfolio Near Government
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7601 Little Rd, New Port Richey, FL 34654
Two-building office portfolio in New Port Richey, Florida, totaling 93.1% leased with multiple tenants and government-related occupancy.
Property SizeContact for details
Days on Market124
Property Features for 7601 Little Rd
General Information
Standard status
Active
Property subtype
Office
Occupancy
93%
Site & Location
Traffic Count
14,500 vehicles/day
Road Access
Yes
Building Details
Year Built
1995
Listing Agency:
CBRE - Tampa
Listed By:
Kristen (McFarland) Hagen · License #FL SL338324
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 3:13PM
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 CBRE - Tampa
Investment Insights
Based on property information with market context.
Counsel Square II is a two-building office portfolio in New Port Richey, Florida, originally developed in 1995. The portfolio includes a single-story office building leased to one tenant and a two-story office building leased to three tenants. Overall, the property is 93.1% leased, with approximately 5.5 years of weighted-average lease term.
The portfolio benefits from its immediate proximity to the Pasco County Government Complex, located directly across the street along Little Road. The property has Little Road frontage, a main north-south thoroughfare, providing visibility to an estimated 14,500 average daily commuters. Access is supported by nearby east-west routes including Ridge Road to the north, Massachusetts Avenue to the south, and State Road 54 further to the south.
Government-related tenancy represents 67.1% of the rent roll. The buildings provide leased space with long-term credit tenancy and in-place income supported by the property’s location near the county government campus.
The portfolio benefits from its immediate proximity to the Pasco County Government Complex, located directly across the street along Little Road. The property has Little Road frontage, a main north-south thoroughfare, providing visibility to an estimated 14,500 average daily commuters. Access is supported by nearby east-west routes including Ridge Road to the north, Massachusetts Avenue to the south, and State Road 54 further to the south.
Government-related tenancy represents 67.1% of the rent roll. The buildings provide leased space with long-term credit tenancy and in-place income supported by the property’s location near the county government campus.
Key Highlights
- Two‑building office portfolio in New Port Richey, FL, offered as 100% fee simple interest.
- 93.1% leased portfolio with a 5.5‑year weighted‑average lease term (WALT).
- Single‑story office building originally developed in 1995, leased to 1 tenant; two‑story office building leased to 3 tenants.
Property Analytics
Current Use
Lease Details
14,500 VPD
Traffic count
93.1%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 34654, FL
23,508
Population
10,372
Households
2.3
Avg Household Size
48
Median Age
22%
College-Educated
88%
High-School Grad
25.3 sq mi
ZIP Area
929
Density / Sq Mi
$64,210
Median Household Income
$41,221
Median Earnings
$1,449
Median Rent
$257,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two-building office portfolio in New Port Richey, Florida, totaling 93.1% leased with multiple tenants and government-related occupancy.
Where is this office building located?
The property is located at 7601 Little Rd New Port Richey, FL.
What are key features of this property?
This property features: Two‑building office portfolio in New Port Richey, FL, offered as 100% fee simple interest.; 93.1% leased portfolio with a 5.5‑year weighted‑average lease term (WALT).; Single‑story office building originally developed in 1995, leased to 1 tenant; two‑story office building leased to 3 tenants.
