NNN Medical Retail Center
For Sale
Contact for pricing
19721-19729 State Rd 54, Lutz, FL 33558
Single-tenant medical and service center with three tenants on NNN leases and approximately $600,000 in current space improvements.
Property Size8,400 SF
Price / SF$730.95
Days on Market34
Property Features for 19721-19729 State Rd 54
General Information
Standard status
Active
Size
8,400 SF
Property subtype
RETAIL
Occupancy
100%
Additional Details
Traffic Count
76,500 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
RIPCO Real Estate | Tampa
(813) 921-5640
Listed By:
Ari Ravi · License #SL-3210827
(813) 921-5640
Source:
Moodyscre
Added: Jul 9
Changed: Aug 8
Last Checked: Aug 10 at 10:01AM
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 for-sale NNN medical retail center is 100% occupied by three tenants under NNN leases: AdventHealth, Sage Dental, and Bliss Family Veterinarian. The property includes current buildout investment of approximately $600,000 by AdventHealth. The lease structure provides a 5-year initial term with four additional 5-year options, reflecting long-term commitment to the site. The weighted average tenant lease term (WALT) is over six years, supporting stable income characteristics with minimal landlord responsibilities.
The center is located on a signalized intersection of State Road 54 and Oakstead Blvd, with a combined AADT of 76,500. Population and growth projections for the area are described as strong, with expected increases in traffic volumes over time.
From a tenant mix standpoint, AdventHealth, Sage Dental, and Bliss Family Veterinarian operate as complementary healthcare and service uses within a single property configured to support daily-need visitation.
The center is located on a signalized intersection of State Road 54 and Oakstead Blvd, with a combined AADT of 76,500. Population and growth projections for the area are described as strong, with expected increases in traffic volumes over time.
From a tenant mix standpoint, AdventHealth, Sage Dental, and Bliss Family Veterinarian operate as complementary healthcare and service uses within a single property configured to support daily-need visitation.
Key Highlights
- Three tenants on NNN leases; property is 100% occupied with AdventHealth, Sage Dental, and Bliss Family Veterinarian
- AdventHealth investment of approximately $600,000 into the space and a 5‑year lease with four 5‑year renewal options
- WALT over 6 years supports long‑term income reliability
Property Analytics
Property Profile
Current Use
Lease Details
76,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
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 - Single-tenant medical and service center with three tenants on NNN leases and approximately $600,000 in current space improvements.
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: Three tenants on NNN leases; property is 100% occupied with AdventHealth, Sage Dental, and Bliss Family Veterinarian; AdventHealth investment of approximately $600,000 into the space and a 5‑year lease with four 5‑year renewal options; WALT over 6 years supports long‑term income reliability
