High Visibility Investment Property

3545, 3561-3621 & 3633 U.S. 19, New Port Richey, FL 34652

  • For Sale $4,750,000
  • Property Type Retail - Freestanding
  • Property Size 43,448 SF
  • Units 5
  • Lot Size 5.4 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 162
  • Property Tenancy Multi-Tenant
  • Year Built 1974
  • Date Updated Dec 10, 2024
LQ Commercial Tampa Bay, LLC is pleased to offer for sale the commercial property at 3545, 3561 – 3621, and 3633 US Highway 19, New Port Richey, Florida, totaling ± 5.4 acres of land. While currently leased to a variety of short-term tenants, current uses are not the highest-and-best uses of the property. Therefore, the offering should be considered a “covered land play” with the asset generating current income but poised for redevelopment and/or re-tenanting. The offering includes three (3) parcels. The largest is a ± 4.48-acre parcel with over 334’ of frontage on US Highway 19 and improved with a 43,448 SF building that is 100% leased to two tenants – For The Floor (floor covering retailer) and Pall Corporation (space is being used as a warehouse for storage of boxes). The other two parcels include adjacent ± 0.58-acre parcel also fronting on US Highway 19 (179') and a ± 0.34-acre parcel. Other income-generating uses on the parcels include a drive-up coffee shop and seasonal fireworks sales. The property is located at the northwest quadrant of US Highway 19 and Moog Road, a signalized intersection. This quadrant includes the Universal Mall, a 90,500 SF retail center that the subject parcels are located in front of. Two other separately owned parcels with a CVS drug store and a local pharmacy complete the quadrant. The surrounding area is experiencing significant, new investment as evidenced by the 2020 purchases of the Universal and Holiday Malls, located adjacent and catty-corner to the property respectively. In addition, a new Workforce and Innovation Training Center opened nearby and Lennar developed Copperspring, 426-homesite master-planned community approximately two miles away on SR 54. Landscaping upgrades along US Highway 19 were also recently completed. The property offers an investor/developer the opportunity to acquire a cash-flowing asset, in a prime location on US Highway 19, with re-tenanting and/or redevelopment opportunity. The asset is an open slate waiting for a new owner with a vision to take it to the next level. While currently leased to a variety of short-term tenants, current uses are not the highest-and-best uses of the property. Therefore, the offering should be considered a “covered land play” with the asset generating current income but poised for redevelopment and/or re-tenanting. LQ Commercial Tampa Bay, LLC is pleased to offer for sale the commercial property at 3545, 3561 – 3621, and 3633 US Highway 19, New Port Richey, Florida, totaling ± 5.4 acres of land. The offering includes three (3) parcels. The largest is a ± 4.48-acre parcel with over 334’ of frontage on US Highway 19 and improved with a 43,448 SF building that is 100% leased to two tenants – For The Floor (floor covering retailer) and Pall Corporation (space is being used as a warehouse for storage of boxes). The other two parcels include adjacent ± 0.58-acre parcel also fronting on US Highway 19 (179') and a ± 0.34-acre parcel. Other income-generating uses on the parcels include a drive-up coffee shop and seasonal fireworks sales. The property is located at the northwest quadrant of US Highway 19 and Moog Road, a signalized intersection. This quadrant includes the Universal Mall, a 90,500 SF retail center that the subject parcels are located in front of. Two other separately owned parcels with a CVS drug store and a local pharmacy complete the quadrant.
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Attachments

Highlights

  • - 43,448 SF Freestanding Building
  • - 5.4 Acres
  • - Zoned C-02 for Commercial Use
  • - High Visibility on U.S. 19
  • - Ample Parking for Customers and Employees
  • - Versatile Space Ideal For Retail Businesses
  • - Potential For Attractive Rental Income
  • - Strong Investment Opportunity with Established Tenants

Contacts

broker

LQ Commercial

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable
  • Bike Score ®

    74/100 Very Bikeable
Powered by Walk Score ®
  • City New Port Richey, FL
  • Neighborhood Beacon Square
  • Zip Code 34652
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • 7-Eleven

    0.13 miles

  • Wawa

    0.48 miles

  • Tesla Supercharger

    0.52 miles

  • Shell

    0.87 miles

  • Sam's Club

    0.97 miles

  • In & Out

    1.01 miles

  • Citgo

    1.35 miles

  • RaceTrac

    1.51 miles

  • Chevron

    1.57 miles

  • Greenlots

    1.98 miles

  • New Port Richey Parking Garage

    2.75 miles

  • Thomas Meighan Parking Lot

    2.90 miles

  • Missouri Avenue Lot

    2.94 miles

  • Nebraska Avenue Lot

    2.95 miles

  • Gloria Swanson Parking Lot

    2.98 miles

  • Student Parking

    2.98 miles

  • Visitor parking

    3.00 miles

  • Visitor Parking

    3.08 miles

  • Faculty Parking

    3.08 miles

  • Main Parking Lot

    5.46 miles

  • Burger King

    0.13 miles

  • McDonald's

    0.70 miles

  • Wendy's

    0.76 miles

  • KFC

    0.81 miles

  • Taco Bell

    0.81 miles

  • China 1

    0.84 miles

  • Kyto's Pastelitos Latin Cuisine

    0.92 miles

  • Angelo's Italian Restaurant

    0.97 miles

  • Denny's

    0.98 miles

  • Broken Yolk

    1.04 miles

  • Winn-Dixie

    0.21 miles

  • Publix

    0.84 miles

  • ALDI

    0.95 miles

  • Save-A-Lot

    1.77 miles

  • Bealls

    2.64 miles

  • Bealls Outlet

    2.74 miles

  • Dollar General Market

    2.82 miles

  • Wright's natural market

    2.98 miles

  • The Lighthouse Shoppes

    4.12 miles

  • TJ Maxx

    4.56 miles

Frequently Asked Questions

How much does High Visibility Investment Property cost?

The space currently listed for sale at High Visibility Investment Property asks for $4,750,000.

What is the total square footage of High Visibility Investment Property?

High Visibility Investment Property totals 43,448 square feet.

When was this property built?

High Visibility Investment Property was built in 1974.

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Contact Listing Broker
broker

LQ Commercial