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    6504 Massachusetts Ave New Port Richey, FL 34653

    Sponsored
    For Lease
    $9 SF/Yr

    Prime retail space, high traffic area.

    Lot size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    East Richey Square offers exceptional retail opportunities in the thriving New Port Richey submarket. This well-maintained shopping center boasts two available spaces, ranging from 3,600 to 10,800 square feet, ideal for a variety of businesses. Strategically located at the southeast corner of Congress Street and Massachusetts Avenue, the property benefits from incredible visibility on a major arterial roadway, ensuring high traffic volume and exposure. The center is anchored by strong credit tenants including Winn Dixie, Save A Lot, Dollar General, Subway, and several banks and restaurants, creating a synergistic environment and attracting substantial foot traffic. The property features ample parking, excellent lighting, and a clean, well-maintained atmosphere, reflecting a vibrant and busy neighborhood shopping center. The walkable community further enhances the appeal and accessibility of this location. Total NNN charges are $4.73 per square foot. This is a rare opportunity to establish a presence in a high-demand, well-established retail center with significant potential for growth and success. The multiple tenant types already present create a diverse and thriving atmosphere. The road frontage along Massachusetts Avenue provides excellent visibility for potential customers.

    Property Features for 6504 Massachusetts Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,400 SF

    Unit(s) available at that property

    Space
    6514
    Size
    10,800 SF
    Rate per SF
    $9
    Space
    6510
    Size
    3,600 SF
    Rate per SF
    $14

    HighLights

    • Retail, office, and restaurant space available in a multi‑tenant building.
    • Two suites available, ranging from 3,600 to 10,800 square feet.
    • Located at the southeast corner of Congress and Massachusetts Avenue in New Port Richey's submarket.
    • Grocery‑anchored center with strong visibility and ample parking.
    • NNN charges total $4.73 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jersey Girls Bar & Grill

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.70629207367
    Latitude
    28.258189551082

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    FAQs

    What type of property is this?
    Restaurant - Prime retail space, high traffic area.
    Where is this restaurant located?
    The property is located at 6504 Massachusetts Ave New Port Richey, FL.
    What is the lease rate?
    The lease rate is $9-$14 SF/Yr.
    What are key features of this property?
    This property features: Retail, office, and restaurant space available in a multi-tenant building.; Two suites available, ranging from 3,600 to 10,800 square feet.; Located at the southeast corner of Congress and Massachusetts Avenue in New Port Richey's submarket.
    Request Owner's contact information
    6504 Massachusetts Ave New Port Richey, FL 34653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6504 Massachusetts Ave New Port Richey, FL 34653
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