4442 Us-19 New Port Richey, FL 34652
Florida Franchise, Strong ROI
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 4442 Us-19
General Information
- Property type
- Restaurants
- Square Feet
- 3,869 SF
- Lot Size
- 11,326 SF
Building Details
- Year Built
- 1976
HighLights
- Fee simple ownership of a Denny's restaurant in New Port Richey, FL, for $3,420,000.
- Absolute NNN lease with a franchisee tenant, offering a 4.91% cap rate and $168,000 NOI.
- 3,869 square feet on a 0.26‑acre lot, with a price per square foot of $883.95.
- 100% occupancy with a new 15‑year lease including four 5‑year options and 8% rent bumps every 5 years.
- Located on a signalized hard corner intersection with high traffic counts, and situated as an outparcel to a Sam's Club.
Current Use by Public Records
Map
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.7332626
- Latitude
- 28.2241099