14863 State Road 52 - Health Club FOR SALE


Hudson, FL 34674
$3,620,000 USD
415-852-5177
14863 State Road 52, Hudson, FL for Sale
$3,620,000 USD
Health Club - FOR SALE
1/7
null | 5.15% Cap Rate

14863 State Road 52
Hudson, FL 34674


HIGHLIGHTS

  • Absolute NNN Lease: Tenant covers all property expenses, including taxes, insurance, maintenance, and structural repairs.
  • 12-Year Primary Lease Term: 12-year primary lease term with 10% rental increases every five years and an additional 10% increase in Year 11
  • Built-In Rent Growth: 10% rental increases every five years, ensuring steady NOI appreciation.
  • Top-Tier Tenant Commitment: Leased to Heartland Dental, a leading provider with over 1,800 locations nationwide.

OVERVIEW

Positioned along State Road 52, this asset offers direct frontage on a primary arterial with traffic counts approaching 29,000 vehicles per day, delivering consistent visibility and strong retail exposure. The site benefits from accessibility and established consumer flow, reinforcing long term tenant performance. The investment is structured as an absolute NNN lease with Heartland Dental responsible for all operating expenses, including taxes, insurance, and maintenance. This provides a fully passive ownership structure with no landlord management obligations. Located in the rapidly expanding Hudson submarket, the property serves an area projected to grow 12.3 percent within a five mile radius by 2029. Continued residential expansion supports sustained healthcare demand and long term tenant stability. The lease includes 10 percent rental increases every five years, creating predictable NOI growth and built in inflation protection throughout the term. Constructed in 2024, the 3,800 square foot building sits on a 0.87 acre parcel and features modern design and functionality tailored to a national dental operator. As new construction, the asset minimizes near term capital expenditure risk. The property offers convenient access to the Suncoast Parkway, is approximately 26 miles from downtown Tampa, and sits just two miles from Bishop McLaughlin High School, positioning it within a well connected and expanding corridor.

FOR SALE DETAILS

PRICE

$3,620,000 USD

PRICE/SF

$953 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

MPUD

APN/PARCEL ID

11-25-17-0000-00100-0013

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.