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Evergreen Mall 10730 US Hwy 19

20,300 SF Vacant Retail Building Port Richey, FL 34668 £2,151,738 (£106/SF) 7.81% Net Initial Yield

Investment Highlights

  • Plenty of parking(about 1.8 acres)

Executive Summary

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)

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
20,300 SF
Building Class
B
Year Built/Renovated
1980/2021
Price
£2,151,738
Price Per SF
£106
Net Initial Yield
7.81%
NOI
£168,158
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.27
Lot Size
1.74 AC
Zoning
C2, County - Commercial.
Parking
100 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
206 ft on US-19

Amenities

  • Corner Lot
  • Courtyard
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Roof Terrace

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Access Health care p. llc
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • CAPA Ventures LLC/Maid Pro.
  • Service type
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • DMK THAI RESTAURANT LLC/Rooster
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • -
  • Nu Image Beauty Salon
  • Service type
  • 99,999 SF
  • -
  • -
  • -
  • PJS Golden Goodness Plus, LLC
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Sun King Enterprises, Inc
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Tap This Bar
  • -
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • The Body Oasis II LLC
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Washed & Worn LLC
  • Retailer
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Yoga
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Access Health care p. llc Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
CAPA Ventures LLC/Maid Pro. Service type 99,999 SF - - Jan 0000
DMK THAI RESTAURANT LLC/Rooster Accommodation and Food Services 99,999 SF - - -
Nu Image Beauty Salon Service type 99,999 SF - - -
PJS Golden Goodness Plus, LLC Retailer 99,999 SF - Lorem Ipsum Jan 0000
Sun King Enterprises, Inc Arts, Entertainment, and Recreation 99,999 SF - - Jan 0000
Tap This Bar - 99,999 SF - - Jan 0000
The Body Oasis II LLC Health Care and Social Assistance 99,999 SF - - Jan 0000
Washed & Worn LLC Retailer 99,999 SF - - Jan 0000
Yoga Health Care and Social Assistance 99,999 SF - Lorem Ipsum -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1
  • 1,250 SF
  • Retail
  • End Cap
  • Now

This space is in great conditions. Free rent with 1 year lease agreement.

  • 1,2 & 3
  • 3,050 SF
  • Office
  • -
  • Now

This space looks great. free rent with 1 year or longer lease agreement. Space can be divided into smaller units.

  • 2/3
  • 1,800 SF
  • Office/Retail
  • -
  • Now

Free rent with lease agreement.

Space Size Space Use Position Available
1 1,250 SF Retail End Cap Now
1,2 & 3 3,050 SF Office - Now
2/3 1,800 SF Office/Retail - Now

1

Size
1,250 SF
Space Use
Retail
Position
End Cap
Available
Now

1,2 & 3

Size
3,050 SF
Space Use
Office
Position
-
Available
Now

2/3

Size
1,800 SF
Space Use
Office/Retail
Position
-
Available
Now

1

Size 1,250 SF
Space Use Retail
Position End Cap
Available Now

This space is in great conditions. Free rent with 1 year lease agreement.

1,2 & 3

Size 3,050 SF
Space Use Office
Position -
Available Now

This space looks great. free rent with 1 year or longer lease agreement. Space can be divided into smaller units.

2/3

Size 1,800 SF
Space Use Office/Retail
Position -
Available Now

Free rent with lease agreement.

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-25-16-0010-02400-0010
  • 15-25-16-0010-02400-0000
 Improvements Assessment £348,308
Land Assessment £436,775 Total Assessment £785,084

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-25-16-0010-02400-0010
  • 15-25-16-0010-02400-0000
Land Assessment
£436,775
Improvements Assessment
£348,308
Total Assessment
£785,084
(305) 338-8300

Contact

  • Listing ID: 29099953

  • Date on Market: 25/07/2023

  • Last Updated:

  • Address: 10730 US Hwy 19, Port Richey, FL 34668

The Retail Property at 10730 US Hwy 19, Port Richey, FL 34668 is currently available for sale. Contact 315 Hialeah LLC for more information.

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© 2024 CoStar Group

Evergreen Mall | 10730 US Hwy 19
(305) 338-8300 x

Evergreen Mall | 10730 US Hwy 19

Yamil Selman

(305) 338-8300

(305) 338-8300

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