Absolute NNN Lease
For Sale
Contact for pricing
11959 Decubellis Rd, New Port Richey, FL 34654
Newly constructed outparcel with corporate-guaranteed NNN lease in Riverwalk Crossings Shopping Center.
Property Size4,328 SF
Price / SF$883.39
Days on Market565
Property Features for 11959 Decubellis Rd
General Information
Standard status
Active
Size
4,328 SF
Property subtype
OFFICE
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
Marcus & Millichap | Phoenix
(602) 687-6700
Listed By:
Zack House · License #(S):AZ:SA665750000
(916) 532-6544
Source:
Moodyscre
Added: Mar 27, 2025
Changed: Oct 6
Last Checked: Oct 11 at 8:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix
Investment Insights
Based on property information with market context.
This absolute NNN outparcel is being offered with a brand new 12-Year absolute NNN lease and a corporate guaranty by Heartland Dental. The lease includes 10% rental increases every 5 years and multiple renewal options. New high-quality 2024 construction supports long-term occupancy.
The property is situated in Riverwalk Crossings Shopping Center as an outparcel to Publix Super Market. It is located at the corner of Decubellis Road and Ridge Road and is described as easily accessible by 37,300+ cars per day. The surrounding trade area is supported by 148,182 residents within a 5-mile radius, and households and population are projected to increase 5–7% in the surrounding area by 2028. It is also less than 2 miles from Pasco-Hernando State College - West Campus (4,000+ on-campus students).
With a total size of 4,328 SF, the building is positioned to serve steady tenant needs in a growing Tampa-area retail environment.
The property is situated in Riverwalk Crossings Shopping Center as an outparcel to Publix Super Market. It is located at the corner of Decubellis Road and Ridge Road and is described as easily accessible by 37,300+ cars per day. The surrounding trade area is supported by 148,182 residents within a 5-mile radius, and households and population are projected to increase 5–7% in the surrounding area by 2028. It is also less than 2 miles from Pasco-Hernando State College - West Campus (4,000+ on-campus students).
With a total size of 4,328 SF, the building is positioned to serve steady tenant needs in a growing Tampa-area retail environment.
Key Highlights
- Brand new 12‑Year absolute NNN lease with corporate guaranty by Heartland Dental
- 10% rental increases every 5 years with multiple renewal options
- New high‑quality 2024 construction for long‑term stability
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 34654, FL
23,508
Population
10,372
Households
2.3
Avg Household Size
48
Median Age
22%
College-Educated
88%
High-School Grad
25.3 sq mi
ZIP Area
929
Density / Sq Mi
$64,210
Median Household Income
$41,221
Median Earnings
$1,449
Median Rent
$257,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed outparcel with corporate-guaranteed NNN lease in Riverwalk Crossings Shopping Center.
Where is this nnn property located?
The property is located at 11959 Decubellis Rd New Port Richey, FL.
What is the asking price?
The asking price for this property is $3,823,333.
What are key features of this property?
This property features: Brand new 12‑Year absolute NNN lease with corporate guaranty by Heartland Dental; 10% rental increases every 5 years with multiple renewal options; New high‑quality 2024 construction for long‑term stability
