Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    6411 Tacoma Dr Port Richey, FL 34668

    For Sale
    $7,500,000

    High-yield, stabilized retail center in Port Richey, FL.

    Property size:
    91,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A shopping center, located at 6411 Tacoma Dr, Port Richey, FL 34668, presents a compelling investment opportunity. The property boasts 91,000 square feet on an 8.4-acre lot, featuring a single, one-story building constructed in 1991 and renovated in 2012. Currently 100% occupied by two credit-rated tenants, including Burlington Coat Factory, this multi-tenant shopping center offers a stable income stream with a strong 10.20% capitalization rate and a Net Operating Income (NOI) of $764,805. The asking price is $7,500,000, translating to a price per square foot of $82.42. The property is zoned for commercial use and operates under a triple-net (NNN) lease structure. This stabilized investment offers a compelling combination of strong tenancy, high occupancy, and significant cash flow potential. The property's location within the Tampa MSA provides excellent access to a robust consumer base. This fee-simple ownership opportunity is ideal for investors seeking a high-yield, low-risk addition to their portfolio.

    Property Features for 6411 Tacoma Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    91,000 SF
    Class
    A
    Lot Size
    365,904 SF

    Building Details

    Year Built/Renovated
    1991/2012
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Class A, 91,000 SF shopping center on 8.4 acres in Port Richey, FL.
    • 100% occupied by two credit‑rated tenants, including Burlington Coat Factory.
    • Strong NOI of $764,805 and 10.20% capitalization rate.
    • Asking price: $7,500,000 ($82.42/SF).
    • Triple‑net (NNN) leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Burlington Clothing Store Ashley Outlet Furniture Store Baby Depot Baby Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.707877887284
    Latitude
    28.298049386867

    Nearby Similar for Sale

    • $2,500,000
      7,116 SF

      Turnkey Gun Range & Retail

      Established gun range and retail storefront in Pasco County.
      6123 Ridge Rd, Port Richey, FL 34668
      View Details
    • $375,000
      1,860 SF

      Port Richey Warehouse with Showroom

      Well-maintained warehouse with showroom, ideal for kitchen/bath remodel business.
      10120 Ridgeway Dr, Port Richey, FL 34668
      View Details
    • $349,999
      2,080 SF

      Remodeled Office Building on Ridge Road

      Affordable commercial office with flexible layout and new roof.
      6609 Ridge Rd, Port Richey, FL 34668
      View Details
    • $349,999
      2,080 SF

      Remodeled Office Building on Ridge Road

      Affordable commercial office space with flexible layout and new roof.
      6609 Ridge Rd, Port Richey, FL 34668
      View Details
    • $1,600,000
      3,570 SF

      Turnkey Automotive Facility in Port Richey

      Fully equipped automotive facility on 0.33 acres in Pasco County.
      6826 Ridge Rd, Port Richey, FL 34668
      View Details
    • $4,421,053
      5,200 SF

      Prime Location Retail Investment Opportunity

      Located on heavily trafficked US Highway 19 in Tampa, FL MSA.
      10934 Us-19, Port Richey, FL
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-yield, stabilized retail center in Port Richey, FL.
    Where is this lifestyle center located?
    The property is located at 6411 Tacoma Dr Port Richey, FL.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: Class A, 91,000 SF shopping center on 8.4 acres in Port Richey, FL.; 100% occupied by two credit-rated tenants, including Burlington Coat Factory.; Strong NOI of $764,805 and 10.20% capitalization rate.
    Request Owner's contact information
    6411 Tacoma Dr Port Richey, FL 34668
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6411 Tacoma Dr
    Port Richey, FL 34668
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    6411 Tacoma Dr Port Richey, FL 34668
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.