6507 Massachusetts Avenue, New Port Richey, FL, USA

New Port Richey, Florida

NEC of the intersection of Massachusetts Avenue and Congress Street

Google Map

Total Square Feet

±10,908 SF

Total Acreage

1.54 AC

Asking Price

$1,950,000 | $178.00 PSF

Frontage

450 FT

Formerly

Aaron's

Parking Spaces

NOI

$148,894.20 NNN

Lease Type

Dark Corporate Guaranteed ABS NNN (Aaron's, Inc.)

Expiration

04/08/2028

Property Size
10,908 SF of GLA with 15 FT ceilings, grade-level door, inventory belt, and drive-thru capability on 1.54 AC with 56 parking spots
Recent Improvements
New roof and repaved and restriped parking lot as of August 2025
The Opportunity
Property presents an amazing owner-user or investment opportunity to acquire a freestanding retail building at a 4-way lighted intersection with 450 FT of aggregate frontage
Site Location
Located at the intersection of Massachusetts Avenue and Congress Street with combined 25,000 AADT with close proximity to US 19 (2.9 mi) and Little Road (2 mi)
Corporate Guarantee
Property is currently subject to a dark corporate-guaranteed Absolute Triple Net (NNN) lease with Aaron’s through April 2028, with the ability to recapture prior to lease expiration. The tenant dissolved operations at this location in February 2024
Tenant Responsibility
Tenant is responsible for property taxes, insurance, common area maintenance, and roof and structure
Neighbors
Adjacent to new ALDI, Dollar Tree, Dollar General, and McDonald's