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Sage Dental 4850 1st Ave N 2,610 SF Office Building Saint Petersburg, FL 33713 $3,423,755 CAD ($1,311.78 CAD/SF) 5.85% Cap Rate
Investment Highlights
- Absolute Triple Net Lease with No Landlord Responsibilities
- Minutes from Tyrone Square, a 960,000+ SF Regional Mall
- Backed by a Multi-Market Dental Service Organization
- Signalized Hard Corner with Strong Traffic Counts
Executive Summary
Surmount is pleased to present the exclusive listing for a Sage 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 .33-acre parcel of land. Sage 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 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
1974/2021
Price
$3,423,755 CAD
Price Per SF
$1,311.78 CAD
Cap Rate
5.85%
NOI
$200,290 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,610 SF
Building FAR
0.18
Lot Size
0.33 AC
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 21-31-16-14562-009-0060 | Improvements Assessment | $285,828 CAD |
| Land Assessment | $382,961 CAD | Total Assessment | $668,789 CAD |
Property Taxes
Parcel Number
21-31-16-14562-009-0060
Land Assessment
$382,961 CAD
Improvements Assessment
$285,828 CAD
Total Assessment
$668,789 CAD
Contacts
-
Anthony D'Ambrosia -
Josh Kanter -
Glen Kunofsky -
Christopher Marks -
Thomas Jonsson -
Surmount
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Sage Dental | 4850 1st Ave N
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