13260 Pine Gap Spur 7,413 SF 100% Leased 4-Star Retail Building Odessa, FL 33556 $6,083,000 ($820.59/SF) 5.90% Cap Rate

This trophy multi-tenant retail center is located in Pasco County, the 3rd fastest growing County in Florida. The property is strategically located between 2 Publix anchored shopping centers only 1 mile apart, with 58,000 cars per day along SR 54. The property features rare 10-Year NNN leases that provide long-term stable cash flow with fixed annual increases that provide rental growth and hedge against inflation. Fee simple ownership allows for depreciation boosting after tax returns.
The property is located in Odessa, Trinity and Starkey Ranch area, which lies in Pasco County as part of the Tampa-St. Petersburg-Clearwater MSA. There are 6 communities with over 17,500 new homes in development within 15 minutes. The property benefits from brand new construction with transferable roof warranty and excellent underlying real estate fundamentals with clear visibility and access from a signalized intersection with 75,000 cars per day.
Florida has no state income tax and in 2022 ranked as the fastest growing state in the US with nearly 10,000 people moving to the Sunshine State every week. Skin NV is an established medical spa with a highly successful practice in Tampa and strong brand awareness.