FL
Pasco
ODESSA
33556
11820 STATE ROAD 54
11820 STATE ROAD 54, ODESSA, FL 33556
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Listing Type
Commercial/Industrial
Listing Status
Pending
1
$3,600,000

Home Details for 11820 STATE ROAD 54

Price
$3,600,000
Type
Commercial Sale
Square feet
10106
Year built
2024
Lot size acres
0.85
County
Pasco
MLS Listing#
TB8510561
Property 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 building Brand new construction Single-tenant net leased investment Offered at a 6.0% cap rate Long-term lease with Dollar Tree Located in high-growth Odessa / Pasco County market Excellent visibility and accessibility Ample on-site parking Low-maintenance investment opportunity Strong demographics and continued residential growth nearby Location Overview Odessa, 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 Features
  • Cooling Information
    • Central Air
Listing Courtesy: BINGHAM REALTY INC - 813-788-2759
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Last Updated: 2026-05-20 12:20:15
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EXIT BAYSHORE REALTY
201 E. Davis Blvd, Tampa, FL 33606
Shelley Lafko
License #: 3527727
Sales Representative
Office
813 839 6869
Agent
719 963 9510
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