Commercial Asset Partners is pleased to exclusively offer this versatile retail asset centrally located in New Port Richey – a fast growing city in west Pasco County. This acquisition offers a unique opportunity to ac-quire Aaron’s Rents – a publicly traded furniture & appliance giant or utilize the building as an owner-occupant.
Aaron's vacated this location in late February, 2024 but retains a Corporate Guaranteed Lease through April, 2028. Prior to dissolving their operations, they occupied the property for over a decade and maintained it in first class condition. Headquartered in Atlanta, Aaron’s is a leading, technology enabled, omni-channel provider of lease-to-own & retail purchase solutions for furniture & appliances. There is a strong demographic and customer base for the building.
This CVS prototype building benefits from high ceilings with state-of-the-art light display. The abundance of storage space and grade loading capability presents a functional asset for distribution and high-volume retail operations. Automatic store front door & canopy with drive-thru increase access for customers. Multiple signage opportunities present a highly visible environment for your tenant or business.
Pasco County has been recognized as one of the fastest growing counties in the country with an astounding 30% growth in the past decade and 3.8% annually. New Port Richey is one of the more well-established cities in the west Pasco submarket poised for a population uptick.
Less than 2.5 miles to the new, large community development "New Port Corners" on Little Road and Decubellis Road / Massachusetts Ave in New Port Richey. The development will encompass 3,397 single and multifamily homes. The project also includes 4.8 million square feet of commercial, retail, and office space.