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Owner-User or Investment Opportunity 6507 Massachusetts Ave 10,908 SF Retail Building New Port Richey, FL 34653 $2,722,044 CAD ($249.55 CAD/SF)



INVESTMENT HIGHLIGHTS
- 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
- Property presents an amazing owner-user or investment opportunity to acquire a freestanding retail building at a 4-way lighted intersection
- Property is currently subject to a dark corporate-guaranteed Absolute Triple Net (NNN) lease with Aaron’s through April 2028
- New roof and repaved and restriped parking lot as of August 2025
- Located at the intersection of Massachusetts Avenue and Congress Street with combined 25,000 AADT
- Adjacent to new ALDI, Dollar Tree, Dollar General,?and McDonald's
EXECUTIVE SUMMARY
RIPCO Real Estate is pleased to present the exclusive offering of a 10,908 SF versatile retail asset centrally located in New Port Richey, Florida—an established yet rapidly growing city in West Pasco County. The property offers excellent flexibility and strong opportunity for an owner-user or re-tenanting play.
Originally constructed as a CVS, the building has undergone a full showroom renovation featuring state-of-the-art fixtures, finishes, lighting, and a new roof completed in August 2025. The design incorporates high ceilings, ample storage, grade-level loading, automatic storefront doors, and drive-thru capability—making it a highly functional asset for both distribution and high-volume retail operations. The newly repaved and re-striped 1.54-acre parcel offers 56 parking spaces and multiple signage opportunities, providing excellent visibility along this high-growth corridor.
The surrounding trade area benefits from Pasco County’s explosive growth—one of the fastest-growing counties in the nation—with population increasing by 30% over the past decade (approximately 3.8% annually). Located just 2.5 miles from the property, Lennar’s New Port Corners master-planned development is slated to deliver 3,397 new homes and 4.8 million square feet of commercial, retail, and office space, further reinforcing the area’s strong long-term trajectory of growth.
Originally constructed as a CVS, the building has undergone a full showroom renovation featuring state-of-the-art fixtures, finishes, lighting, and a new roof completed in August 2025. The design incorporates high ceilings, ample storage, grade-level loading, automatic storefront doors, and drive-thru capability—making it a highly functional asset for both distribution and high-volume retail operations. The newly repaved and re-striped 1.54-acre parcel offers 56 parking spaces and multiple signage opportunities, providing excellent visibility along this high-growth corridor.
The surrounding trade area benefits from Pasco County’s explosive growth—one of the fastest-growing counties in the nation—with population increasing by 30% over the past decade (approximately 3.8% annually). Located just 2.5 miles from the property, Lennar’s New Port Corners master-planned development is slated to deliver 3,397 new homes and 4.8 million square feet of commercial, retail, and office space, further reinforcing the area’s strong long-term trajectory of growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,908 SF
Building Class
B
Year Built
1998
Price
$2,722,044 CAD
Price Per SF
$249.55 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.54 AC
Zoning
C-2 - General Commercial District
Parking
56 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Aaron's (Aaron's, Inc.)
- Rental and Leasing Services
- 10,908 SF
- $19.05 CAD
- Triple Net
- Apr 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Aaron's (Aaron's, Inc.) | Rental and Leasing Services | 10,908 SF | $19.05 CAD | Triple Net | Apr 2028 |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,561,500 CAD | |
| Land Assessment | $269,508 CAD | Total Assessment | $1,831,008 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$269,508 CAD
Improvements Assessment
$1,561,500 CAD
Total Assessment
$1,831,008 CAD
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Owner-User or Investment Opportunity | 6507 Massachusetts Ave
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