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Property profile & analytics
FOR SALE
Retail space

4132 Little Rd New Port Richey, FL 34653

16,178 SF Built 2008
Property ID
US18-Q026991
Property summary
AI-generated overview

North Trinity Ace Hardware is a rare Florida retail offering — a fully-leased, recession-resistant cash-flowing asset paired with a shovel-ready outparcel that fundamentally re-bases the investment from day one. An established Ace Hardware franchisee anchors the property under a 10-year lease through 2031, with three 5-year options extending visibility through 2046 and a contractual 10% rent step-up locking in October 2026. Adjacent to the storefront sits a 5,500 SF pad — subdivided, leveled, infrastructure in, and lease-protected. Deploy $1.5M into a QSR or drive-thru build and the blended yield re-bases from sub-3% to 7.68% within twelve months of close.

Property profile
Verified
Property type Retail space
Year built 2008
Total area 16,178 SF
UPID US18-Q026991
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
Current use
Occupant on record · Public records
  • Resharp Sharpening Service
  • D's ACE Hardware #4 Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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