10730 US Hwy 19 - Restaurant FOR SALE


Port Richey, FL 34668
$2,750,000 USD
305-338-8300
10730 US Hwy 19, Port Richey, FL for Sale
$2,750,000 USD
Restaurant - FOR SALE
1/12
null | 7.81% Cap Rate

10730 US Hwy 19
Port Richey, FL 34668


HIGHLIGHTS

  • Plenty of parking(about 1.8 acres)

OVERVIEW

At 2.75 M it is $ 135.50/fs of building. Plenty of parking(about 1.8 acres). Pro-Forma return is 8.81 %, when 100 % leased. Unit 11 is my office, not currently rented, and units 1,2 & 3 also not rented, plus 3 parking spaces at $ 750.00 total/month = $ 63,337.00/year extra income. Total rented space =82.6%. Current income: Expenses Net income: CAP $214,912.00 -$53,720.00 =$161,192.00 6.32% Pro-forma income: Expenses Net income: CAP $278,249.00 $53,720.00 $224,528.00 8.81% (after adding $ 63,337.00)

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.81%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Evergreen Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,765 SF

ZONING

C2, County

APN/PARCEL ID

15-25-16-0010-02400-0000,15-25-16-0010-02400-0010

ASK ABOUT THIS PROPERTY

Yamil Selman315 Hialeah LLCMore Info
305-338-8300

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Yamil Selman315 Hialeah LLCMore Info
305-338-8300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.