Marcus & Millichap Sells Port Richey Retail Property For $7.65M

A retail property located at 11932 U.S. Highway 19 in Port Richey has been sold for a price of $7,650,000. The property spans across approximately 5.97 acres and offers a total square footage of 82,820. The transaction took place on October 24, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,650,000
• Address: 11932 U.S. Highway 19, Port Richey
• Market: Port Richey
• Acres: 5.97

The sale was facilitated by James Medefind, Jim Shiebler, James Garner, and Jonathan Gerszberg from Marcus & Millichap. They served as the brokers in the deal.

The property at 11932 U.S. Highway 19 in Port Richey offers an attractive opportunity in the retail market. With a sizable footprint of 5.97 acres and a substantial square footage of 82,820, this property possesses significant potential for various retail ventures. The involvement of well-experienced brokers from Marcus & Millichap enhances the credibility of the transaction and adds value to the deal.