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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9409 Hwy Port Richey, FL 34668

10,000 SF 2 ac lot Built 2002
Property ID
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity in Port Richey, Florida, presents a rare chance to acquire a thriving business and highly desirable lease. Located at 9409 US Hwy 19 North within the Gulfview Mall, this 10,000 square foot establishment boasts a superior layout, including a spacious interior with multiple dining sections, a semi-private bar area, a full-service bakery, and a separate banquet room. The expansive kitchen, exceeding 3,000 square feet, is equipped with state-of-the-art appliances and ample prep areas. A significant feature is the included 2,000 square foot covered patio with a full wet bar. The property sits on a 2-acre lot providing abundant parking. High visibility is ensured by prominent signage, including a large pylon sign on US Hwy 19, and additional signage within the mall. The existing lease is assumable at an exceptionally low monthly rate of $6,000, inclusive of sales tax, nets, and trash compactor. This represents a significant discount compared to market rates. All fixtures, equipment, kitchenware, and even the valuable full-liquor license are included in the sale. The loyal staff, many with years of tenure, contributes to the restaurant's consistent success. This prime location on a major highway offers easy access to surrounding communities and proximity to the waterfront. The business benefits from an upscale atmosphere and affordable prices, fostering a large repeat customer base. This is a truly remarkable opportunity in the booming Pasco County market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2002
Total area 10,000 SF
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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