BUYER: Little Road Cafe LLC (principal: Andrius Pranskevicius), West Palm Beach
SELLER: Boos-Rancho Del Rio LLC
PROPERTY: 5220 Little Road, New Port Richey
PRICE: $1.81 million
PREVIOUS PRICE: $1.1 million, September 2007
LAW FIRM ON DEED: Bryan J. Stanley PA, Clearwater
PLANS, DESCRIPTION: A real estate entity led by Andrius Pranskevicius of Newark, Del., purchased a 2,798-square-foot Starbucks for $1.81 million.
The price equated to $647 per square foot.
The purchase is an investment. Starbucks has nine years left on its triple-net lease on the property.
The Starbucks is an outparcel to the 62,038-square-foot Publix-anchored River Crossing Centre shopping center.
The Business Review was unable to contact Pranskevicius for comment.