NNN-Leased Medical
3203 Lithia Pinecrest Road, Valrico, FL 33596
For Sale
Contact for pricing
A dental practice occupies the building under a long-term triple-net lease with scheduled rent increases.
Property Size4,169 SF
Lot Size0.64 Acres
Price / SF$461.76
Days on Market13
Property Features for 3203 Lithia Pinecrest Road
General Information
Standard status
Size
Net Rentable
Lot size
Property subtype
Additional Details
Gross Income
Tenant in Place
Property Use
Medical Specialty
Building Details
Building Size
Tenancy
Owner Occupied
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 4:43PM
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 SURMOUNT
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office property contains 4,169 rentable square feet on an approximately 0.64-acre parcel in Valrico, Florida. Sage Dental occupies the building under a triple-net lease that began 7/16/2025 and runs for 16.05 years. Annual rent increases of 2.00% begin in year 7.
The property is located at 3203 Lithia Pinecrest Road, Valrico, FL 33596.
The property is located at 3203 Lithia Pinecrest Road, Valrico, FL 33596.
Key Highlights
- 4,169 rentable square feet on an approximately 0.64‑acre parcel
- Sage Dental occupancy under a 16.05‑year triple‑net lease beginning 7/16/2025
- 2.00% annual rent increases starting in year 7
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,093
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,860
$1.5M
Cap Rate 7%
$1,058,471
$1.1M
Cap Rate 9%
$823,256
$823.3K
Market Conditions
NOI Build-Up for 4,169 SF
Gross rent
$121.1K $29.04/SF
− Vacancy
−$22.3K −$5.34/SF
EGI
$98.8K $23.70/SF
− OpEx
−$24.7K −$5.92/SF
NOI
$74.1K $17.77/SF
Area
Brandon, FL
Vacancy
18.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,860
Cap Rate 7%
$1,058,471
Cap Rate 9%
$823,256
Alternative Uses
Best Use
Office B
$1.06M
$926.2K – $1.23M
NOI $74,093 @ 7.0% cap · market cap 3.85%
Second Best
Healthcare Medical
$879.9K
$769.9K – $1.03M
NOI $61,594 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,781 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 33596, FL
28,140
Population
10,455
Households
2.7
Avg Household Size
43
Median Age
49%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
2,468
Density / Sq Mi
$112,305
Median Household Income
$52,552
Median Earnings
$2,236
Median Rent
$396,100
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Hillsborough County, FL
Properties on Market for Medical Office Space in Hillsborough County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Thrive Pet Healthcare — 3434 Lithia Pinecrest Rd, Valrico, FL 33596
- UrgentVet — 2446 Bloomingdale Ave, Valrico, FL 33596
- Valrico Animal Clinic — 2914 Lithia Pinecrest Rd, Valrico, FL 33596
- Thomassy Lorie DVM — 2914 Lithia Pinecrest Rd, Valrico, FL 33596
Frequently Asked Questions
What type of property is this?
Medical Office Space - A dental practice occupies the building under a long-term triple-net lease with scheduled rent increases.
Where is this medical office space located?
The property is located at 3203 Lithia Pinecrest Road Valrico, FL.
What is the asking price?
The asking price for this property is $1,925,059.
What are key features of this property?
This property features: 4,169 rentable square feet on an approximately 0.64‑acre parcel; Sage Dental occupancy under a 16.05‑year triple‑net lease beginning 7/16/2025; 2.00% annual rent increases starting in year 7
