6411 Tacoma Dr Port Richey, FL 34668
- Lifestyle centers
- 91,000 SF
- 8.40 lot acres
Current Use by Public Records
- Burlington / Department Store / Baby Clothing Store
- Ashley Outlet / Home Goods Store / Kitchen Furniture Store
- Baby Depot / Baby Store
Property Details for 6411 Tacoma Dr
- Year built
- 1991
- Lot size
- 8.40 lot acres
- Property size
- 91,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.7079
- Latitude
- 28.298
