4132 Little Rd New Port Richey, FL 34653
For Sale
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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.
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Resharp Sharpening Service
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D's ACE Hardware #4 Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.