Triple-Tenant NNN Medical
For Sale
Contact for pricing
19721-19729 State Rd 54, Lutz, FL 33558
100% occupied medical center with three tenants on NNN leases and a WALT over six years at a signalized intersection.
Property Size8,400 SF
Price / SF$730.95
Days on Market68
Property Features for 19721-19729 State Rd 54
General Information
Standard status
Active
Size
8,400 SF
Property subtype
RETAIL
Occupancy
100%
Site & Location
Corner Location
Yes
Traffic Count
76,500 vehicles/day
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
RIPCO Real Estate | Tampa
(813) 320-0050
Listed By:
Ari Ravi · License #SL-3210827
(813) 921-5640
Source:
Moodyscre
Added: Jul 9
Changed: Sep 10
Last Checked: Sep 13 at 9:46AM
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 RIPCO Real Estate | Tampa
Investment Insights
Based on property information with market context.
This triple-tenant medical center is 100% occupied, with all three tenants on NNN leases. The weighted average lease term (WALT) is over 6 years, supporting stable long-term occupancy with minimal landlord responsibilities.
The tenant mix includes AdventHealth, Sage Dental, and Bliss Family Veterinarian. AdventHealth is described as a large nonprofit, faith-based health system operating 57 hospitals across 9 states. Sage Dental is noted as a dental service organization (DSO) with over 150 locations across Florida and Georgia.
Located at the signalized intersection of State Road 54 and Oakstead Blvd, the center benefits from a combined AADT of 76,500. FDOT projections indicate AADT is expected to increase by over 50% over the next 20 years. Within a 3-mile radius, the population is 48,933, and population within 1 mile of the site is expected to increase by 3.55% annually over the next 5 years.
The tenant mix includes AdventHealth, Sage Dental, and Bliss Family Veterinarian. AdventHealth is described as a large nonprofit, faith-based health system operating 57 hospitals across 9 states. Sage Dental is noted as a dental service organization (DSO) with over 150 locations across Florida and Georgia.
Located at the signalized intersection of State Road 54 and Oakstead Blvd, the center benefits from a combined AADT of 76,500. FDOT projections indicate AADT is expected to increase by over 50% over the next 20 years. Within a 3-mile radius, the population is 48,933, and population within 1 mile of the site is expected to increase by 3.55% annually over the next 5 years.
Key Highlights
- 100% occupied with all three tenants on NNN leases
- WALT over 6 years for long‑term lease reliability
- Signalized intersection of State Road 54 and Oakstead Blvd
Property Analytics
Current Use
Lease Details
76,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
Demographics for 33558, FL
27,324
Population
11,575
Households
2.4
Avg Household Size
41
Median Age
56%
College-Educated
98%
High-School Grad
18.1 sq mi
ZIP Area
1,510
Density / Sq Mi
$107,427
Median Household Income
$56,279
Median Earnings
$1,423
Median Rent
$479,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - 100% occupied medical center with three tenants on NNN leases and a WALT over six years at a signalized intersection.
Where is this medical center located?
The property is located at 19721-19729 State Rd 54 Lutz, FL.
What is the asking price?
The asking price for this property is $6,140,000.
What are key features of this property?
This property features: 100% occupied with all three tenants on NNN leases; WALT over 6 years for long‑term lease reliability; Signalized intersection of State Road 54 and Oakstead Blvd
