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5604 Gulf Dr
New Port Richey, FL 34652
Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Property Size
6,524 sq ft
Costar Property Class
B
Year Built
1995
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,524 sq ft
Plot ratio
0.29
Total Plot Size
0.52 ac
Use Class
OPMF
Parking
30 Spaces (4.29 Spaces per 1,000 sq ft Leased)

ABOUT 5604 GULF DR , NEW PORT RICHEY, FL 34652

Single Tenant Leased Medical Investment Property - New Port Richey, FL This fully leased, single tenant investment property is a free-standing, 6,524 SF medical building located on a large corner lot with 31 parking spaces. The current tenant, Suncoast Clinical Research, has occupied the property for several years and has just executed an additional 5 year term with 3 additional 5 year renewable options and includes 2% annual rental escalations. The structure is well built and was originally designed for a medical practice and has plumbing throughout many exam rooms. The building is Key West style with a light green metal roof. The interior is perfectly suited for a variety of high traffic medical users and has a large 24 person waiting and reception area with patient restroom, a large open 7 station administration office with manager's office to rear of reception desk, 2 interior patient restrooms, 11 plumbed exam rooms, a lab area, nurse's stations, staff break room, 5 personnel offices, and a finished 1,450 SF 2nd floor administrative space / file storage. The property also has corner monument signage, as well as a large pylon signage, along Gulf Drive. Located in New Port Richey on Gulf Drive near Grand Boulevard, just east of US-19 , north of State Road 54 and west of the Suncoast Highway, offering easy access to all surrounding areas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-26-16-0170-00100-0060
Land Assessment
£39,607
Improvements Assessment
£347,663
Total Assessment
£387,270
  • Listing ID: 13940008

  • Date on Market: 02/10/2018

  • Last Updated:

  • Address: 5604 Gulf Dr, New Port Richey, FL 34652

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