$3,600,000

11820 State Road 54 Odessa, FL 33556 Commercial - Retail Pending

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Description

Rare opportunity to acquire a newly constructed, single-tenant net leased Dollar Tree located in the rapidly growing Odessa market of Pasco County, Florida. This +10,000 SF freestanding retail asset offers investors stable long-term income backed by one of the nation's leading discount retailers, positioned at an attractive 6.0% cap rate.Strategically located within one of the Tampa Bay region's fastest-growing residential corridors, the property benefits from strong population growth, increasing rooftops, and expanding commercial development. The site offers excellent visibility, convenient access, and strong traffic counts, making it a highly desirable retail location serving both established and emerging residential communities.The newly constructed building features modern prototype construction, ample parking, prominent storefront visibility, and low-maintenance ownership characteristics. Dollar Tree continues to perform as a recession-resistant retailer with a nationally recognized brand and thousands of locations across the United States.This offering presents an ideal opportunity for passive investors seeking dependable cash flow, long-term stability, and the security of a nationally recognized credit tenant in a high-growth Florida market.Property Highlights+10,000 SF freestanding retail buildingBrand new constructionSingle-tenant net leased investmentOffered at a 6.0% cap rateLong-term lease with Dollar TreeLocated in high-growth Odessa / Pasco County marketExcellent visibility and accessibilityAmple on-site parkingLow-maintenance investment opportunityStrong demographics and continued residential growth nearbyLocation OverviewOdessa, Florida continues to experience significant residential and commercial expansion driven by population migration throughout the Tampa Bay MSA. The property is positioned to capitalize on increasing consumer demand generated by nearby master-planned communities, expanding infrastructure, and continued retail growth throughout Pasco County. Its proximity to major transportation corridors provides convenient regional access and reinforces the long-term viability of the location for national retail tenancy.

Property Highlights

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.85 Acres
Stories: 1.0
Taxes: $29,353
Year Built: 2024

General Information

County: Pasco
Subdivision: TRINITY LAKES XINGS
Listed By:
William Bingham BINGHAM REALTY INC 813-788-2759

Property Features

Directions: SR 54 to Trinity Blvd. No sign on property
Exterior: Metal Frame, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.85
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Retail
Sale Includes: Building(s) and Land
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Water Access Y/N: No
Zoning: MPUD
$3,600,000
New to the Market Pending
SQUARE FEET10,000 MLS#TB8510561
STATUSPending PROPERTY TYPECommercial - Retail SUBDIVISIONTRINITY LAKES XINGS

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11820 State Road 54 , Odessa, FL 33556.

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