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Property profile & analytics
OFF-MARKET
Office Spaces

4519 Hwy New Port Richey, FL 34652

3,844 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,844 square foot medical office building in New Port Richey, Florida, currently operating as a 100% occupied, single-tenant Suncoast Specialty Surgery Center. The property is offered as a sale-leaseback with a 15-year Absolute NNN lease, providing significant long-term stability and passive income. The lease features a 2.5% annual rent increase, ensuring consistent growth in rental income. The asking price is $1,961,766, representing a compelling $510.34 per square foot and a 7.25% cap rate based on a current Net Operating Income (NOI) of $142,228. The tenant, Suncoast Specialty Surgery Center, provides a diverse range of services including eye care and various surgical specialties. The property is strategically located at 4519 U.S. Hwy 19, in Pasco County, Florida, zip code 34652, benefiting from high visibility and accessibility. The lease includes options for renewal at 4 and 5 years. This sale-leaseback offers a secure, high-yield investment with built-in appreciation potential. The strong tenant, long-term lease, and attractive financial metrics make this an ideal addition to any portfolio seeking stable, passive income generation. The property serves a substantial population base within a three-mile radius, exceeding 65,000 residents, with an average household income of $60,100. The location along a major highway provides excellent visibility and access to over 60,000 vehicles per day.

Property profile
Verified
Property type Office Spaces
Total area 3,844 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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