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Monticciolo Dental 4850 1st Ave N 2,610 SF Office Building Saint Petersburg, FL 33713 $3,342,690 CAD ($1,280.72 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Triple Net Lease with No Landlord Responsibilities
- Extremely Strong Unit Level Performance
- Monticciolo Dental is subject to a newly signed long-term 15-year lease expiring 7/31/2040
- Newly Signed Long-Term 15-Year Lease
- Monticciolo Dental is under an absolute triple net lease, which places all expenses on the tenant and eliminates landlord responsibilities
- This Monticciolo location reports very high revenue and profitability making it a secure long term investment.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,610 SF
Building Class
B
Year Built/Renovated
1974/1986
Price
$3,342,690 CAD
Price Per SF
$1,280.72 CAD
Cap Rate
6%
NOI
$200,561 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,610 SF
Building FAR
0.18
Lot Size
0.33 AC
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 21-31-16-14562-009-0060 | Improvements Assessment | $251,177 CAD |
| Land Assessment | $387,789 CAD | Total Assessment | $638,966 CAD |
PROPERTY TAXES
Parcel Number
21-31-16-14562-009-0060
Land Assessment
$387,789 CAD
Improvements Assessment
$251,177 CAD
Total Assessment
$638,966 CAD
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Monticciolo Dental | 4850 1st Ave N
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