04741 US Highway 19, LLC

4741 US Highway 19

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    Project Description

    The subject is an Office (Medical Office) property totaling 19,397 SF of NRA located on a 2.05-acre site at 4741 U.S. Highway 19 in New Port Richey, Florida. The improvements were built in 1979, have been renovated over time, are in average condition and have a remaining economic life of 15 years based on our estimate. The subject property has a multi-tenant design that is currently occupied by third-party tenants, and has a current occupancy level of 100.0%, which is above the stabilized occupancy level estimate of 95.0%

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