$5,088,155*
●
Commercial -
Off Market
2910-2914 Little Rd
Other City - In The State Of Florida, FL 34655
Studio
0 Bath
$3,600,000 - $4,400,000
Reference Base Price*
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
5.2% RETURN!! Starbucks drive-thru restaurant & Burgerfi built in
2016 in a heavily trafficked shopping center situated in New Port
Richey which is a fast growing suburb in the Tampa Bay Area with
many new developments recently built & being built. The tenant,
Starbucks, has a 6 year corporate guaranty lease with 10% rent
increases every five years with the next being the first quarter of
2021. The tenant, Burgerfi, has a 6 year personal guaranty lease
with 10% increases every five years & option periods as well as a
rent increase Q1 2021. This provides an investor the ability to own
a real estate asset that is both secure & stable. During COVID no
rent decrease request & Starbucks did not exercise right to
terminate. 6 Years left in lease plus options to renew!
Unit Size
-
Days on Market
-
Land Size
1.07 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
2016
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 27, 2021 | Sold | $3,850,000 | |
Sold | |||
Feb 26, 2021 | No longer available | - | |
No longer available | |||
Feb 6, 2021 | Price Decreased |
$4,000,000
↓ $100K
(2.4%)
|
|
Price Decreased | |||
Mar 11, 2020 | Listed | $4,100,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/11/2020
|
|
Loft
|
-
|
-
|
$4,100,000
Loft
-
|
-
-
|
-
|
Gualberto Jimenez
Compass
|