$2,395,850 USD
203-887-8797
4850 1st Ave N
Saint Petersburg, FL 33713
Central Oak Park
HIGHLIGHTS
- Absolute Triple Net Lease with No Landlord Responsibilities
- Newly Signed Long-Term 15-Year Lease
- Extremely Strong Unit Level Performance
- Monticciolo Dental is under an absolute triple net lease, which places all expenses on the tenant and eliminates landlord responsibilities
- Monticciolo Dental is subject to a newly signed long-term 15-year lease expiring 7/31/2040
- This Monticciolo location reports very high revenue and profitability making it a secure long term investment.
OVERVIEW
Surmount is pleased to present the exclusive listing for a Monticciolo Dental located at 4850 1st Avenue North, St. Petersburg, FL 33713. The site consists of roughly 2,610 rentable square feet of building space on an estimated 0.33-acre parcel of land. This Monticciolo Dental is subject to a 15-year Triple Net (NNN) lease, which commenced 7/16/2025. The current annual rent is $143,751 and has scheduled increases of 2.00% annually starting in year 7.
FOR SALE DETAILS
PRICE
$2,395,850 USD
PRICE/SF
$746 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Monticciolo Dental
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.33 AC
LAND SF
14,375 SF
ZONING
-
APN/PARCEL ID
21-31-16-14562-009-0060
ASK ABOUT THIS PROPERTY
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203-887-8797
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203-887-8797
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