TAMPA, FL—A freestanding single-tenant building occupied by Starbucks has traded hands. Roddimeyer III, LLC grabbed the net leased property for $2.065 million from Little Road Café, LLC.

The CBRE team of Todd Weintraub, David Donnellan, and Mark Shellabarger represented the seller in the transaction. The property is located at 5220 Little Road in New Port Richey, unincorporated Pasco County, FL within the Tampa/St. Petersburg MSA.

“In operation since 2008, this Starbucks is strategically located along high-traffic Little Road and serves the eastern New Port Richey market,” says Weintraub, vice president with CBRE. “National-credit tenants surround the Starbucks in this strong retail market.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.