Along the bustling US Highway 19 corridor, Pasco Professional Center offers investors the rare opportunity to acquire a prime office asset in one of Florida’s fastest-growing regions. This three-story, 27,510-square-foot professional building, renovated in 2022, features workspaces designed for medical, retail, and professional service tenants. Recent capital improvements include new woodgrain flooring, fresh paint across all suites and common areas, complete LED lighting conversion, upgraded electrical breakers, and a new lift station pump. On a generous 1.21-acre parcel, Pasco Professional Center presents future redevelopment potential plus near-term leasing upside opportunities.
In New Port Richey, Pasco Professional Center is projected to see a 4.1% annual population growth within a two-mile radius through 2029. This demographic surge, coupled with the area’s affordability and accessibility, has fueled increased demand from regional medical providers and national businesses. The property boasts unmatched visibility, with signage exposure to over 60,000 vehicles per day (VPD), and offers direct connectivity to Tampa, Clearwater, and St. Petersburg, all within an hour’s drive. Nearby national retailers include Publix, Starbucks, Big Lots, and Sam’s Club, further reinforcing the area’s strong consumer draw.
With considerable upside through vacancy lease-up, strong long-term fundamentals, and future redevelopment possibilities, this asset is well-appointed for investors seeking stable income with room to grow in a flourishing Florida market.