20301 Pleasant Plains Pky - Freestanding FOR SALE


Land O' Lakes, FL 34637
$3,523,000 USD
415-852-5177
20301 Pleasant Plains Pky, Land O' Lakes, FL for Sale
$3,523,000 USD
Freestanding - FOR SALE
1/7
null | 5.28% Cap Rate

20301 Pleasant Plains Pky
Land O' Lakes, FL 34637


HIGHLIGHTS

  • Newly casted 10-year absolute NNN lease with a proven office (one of the top performing offices out of all 1,800+ locations), demonstrating long-term
  • High visibility location near the intersection of Pleasant Plains Parkway & Land O’Lakes Boulevard, with multiple points of ingress/egress to the prop
  • 10% rental increases every five years in initial term and four (4) option periods of five years each, providing a long-term income generator.
  • The site’s location along U.S. Route 41 allows the property to capture significant local and commuter traffic from the greater Tampa region

OVERVIEW

This Heartland Dental property represents a strong net-lease investment opportunity with a tenant that ranks among the leading dental support organizations in the U.S. Heartland Dental's scale is evident through its supported network generating over $4.2 billion in annual revenue, reinforcing the tenant’s reliability and operational strength. Strategically located along U.S. Route 41, the site enjoys excellent visibility and accessibility while capitalizing on substantial local and commuter traffic stemming from the greater Tampa region, home to a population of more than 400,000 people. The property offers multiple points of ingress and egress and sits in close proximity to the intersection of Pleasant Plains Parkway and Land O’Lakes Boulevard, a burgeoning trade corridor in Pasco County. The surrounding demographics position the asset for long-term stability, with more than 57,000 residents within five miles, an 87% increase since 2010, paired with an impressive average household income of $145,571. Shadow-anchoring from a nearby Publix supermarket ensures heavy retail traffic and cross-shopping potential, complemented by proximity to major residential communities and new housing developments in Spring Hill, Odessa, and Port Richey. Projected population and income growth trends underscore market resiliency, enhancing long-term asset appreciation for investors seeking both solid returns and reliable tenancy in a rapidly growing Florida market.

FOR SALE DETAILS

PRICE

$3,523,000 USD

PRICE/SF

$823 USD /SF

CAP RATE

5.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.38 AC

LAND SF

190,793 SF

ZONING

MPUD

APN/PARCEL ID

35-25-18-0100-00000-0020

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.