As the heartbeat of New Port Richey's thriving downtown market, Chelsea Plaza stands tall, embodying the essence of prime commercial real estate. Situated amidst a bustling landscape of burgeoning investments, this remarkable property presents an exceptional opportunity for astute investors seeking both stability and growth. Renovated in 2022, Chelsea Plaza boasts a stunning transformation, with its units and interiors exquisitely remodeled to meet the highest standards of aesthetics and functionality. Every detail has been carefully considered.
Exclusively listed by the esteemed Brokers International Real Estate, this property's potential is further enhanced by its impressive Net Operating Income (NOI) stabilization at a remarkable $103,192. This solid financial foundation underpins the viability and profitability of investing in Chelsea Plaza, ensuring attractive returns for discerning investors.
One of the key highlights of Chelsea Plaza is its strategic location at the heart of New Port Richey's downtown market. With numerous high-profile investments pouring into the area, the demand for prime commercial space is soaring, creating a lucrative environment for business owners and investors alike. The property's positioning within this vibrant epicenter guarantees unparalleled exposure and foot traffic, providing businesses with an optimal platform to thrive and prosper.
Adding to its appeal, Chelsea Plaza offers retail units with leases structured to include an annual increase of 5%, ensuring consistent revenue growth and an enticing investment prospect. This lucrative feature reflects the market's strength and potential for substantial long-term returns.
In addition to its compelling financial and location advantages, Chelsea Plaza benefits from its proximity to high-traffic areas. A comprehensive traffic count analysis reveals the significant flow of potential customers passing by, enhancing the visibility and market reach of businesses operating within the plaza.
Chelsea Plaza represents an extraordinary investment opportunity for those seeking to capitalize on the remarkable growth and economic prosperity of New Port Richey's downtown market. With its unrivaled location, impeccable renovations, and strong financial performance, this property offers an impeccable blend of stability, growth potential, and profitability.
