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4900-4902 Us 19
New Port Richey, FL 34652
COR Total Fitness Gym · Retail Property For Sale
Investment Highlights
- An updated gym with an established tenant as well as a pool and extra acreage of land with great potential for expansion.
- Water-front views across US-19.
- Located off of highly-trafficked US-19 provides for great exposure.
Executive Summary
A 30,000 square foot gym sold with the adjacent 2 acres of land. A great investment opportunity, as the current tenant pays all expenses other than property taxes, in addition to monthly rent. The second lot includes a pool that is accessible through the gym, in addition to vacant land with great potential!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
30,000 SF
Building Class
B
Year Built
1961
Price
$7,300,750 CAD
Price Per SF
$243.36 CAD
Cap Rate
3.13%
NOI
$228,601 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
4.49 AC
Zoning
C2 - general commercial zoning district
Parking
65 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
281’ on U.S. 19
Amenities
- 24 Hour Access
- Fenced Lot
- Pool
- Signage
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,861,067 CAD | |
| Land Assessment | $923,087 CAD | Total Assessment | $2,784,154 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$923,087 CAD
Improvements Assessment
$1,861,067 CAD
Total Assessment
$2,784,154 CAD
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