Gulf Plaza located at 5510 River Road, New Port Richey, FL 346542 includes a 9,800 +/- SF two story office building. The 0.43 +/- acre site includes mature landscaping around the building and an asphalt parking lot with ample parking. Included in the price is an adjacent parcel with a 2,240 +/- SF residential triplex on a 0.17 +/- acre lot. The office building is visible from US Highway 19 behind a well known car rental agency and a national chain pharmacy. About 75% of the leasable space is presently occupied. However, all of the present tenants are on month to month leases. Many of the existing offices can be reconfigured easily to accommodate new or growing tenants. The present leasing strategy provides for conversion to an owner/occupant model or a shift to longer term leases for an income model. Parallel to the effort to market the property for sale, the unoccupied office space is available for lease.
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