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5139 Little Rd
New Port Richey, FL 34655
Monticciolo Dentistry | Abs NNN | +14 Yrs · Office Property For Sale
Investment Highlights
- Best-In Class-Tenant — This New Port Richey office is among Monticciolo’s largest and best-performing locations
- High Growth, Recession Resistant, $187B Industry — Dentistry is one of the largest industries in healthcare & grows by an average of 5.3% annually
- Explosive Population Growth — Within five miles of the property, the area has seen a massive population boom, growing over 8.50% from 2020-2024
- Absolute NNN Lease — Healthcare properties are rarely offered as completely hands off investments with no landlord responsibilities
- Robust & Growing Retail Corridor — The property sits within an extremely well positioned retail corridor
- Zero Income Tax State — Florida having no income tax makes this an ideal investment for anyone in Florida or other income tax free states
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,742 SF
Building Class
B
Year Built/Renovated
2002/2010
Price
$6,820,185 CAD
Price Per SF
$1,011.60 CAD
Cap Rate
5.75%
NOI
$392,161 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,742 SF
Building FAR
0.16
Lot Size
0.94 AC
Zoning
C2
Property Taxes
| Parcel Number | 11-26-16-0020-04300-0000 | Improvements Assessment | $966,226 CAD |
| Land Assessment | $467,440 CAD | Total Assessment | $1,433,666 CAD |
Property Taxes
Parcel Number
11-26-16-0020-04300-0000
Land Assessment
$467,440 CAD
Improvements Assessment
$966,226 CAD
Total Assessment
$1,433,666 CAD
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