2513 James L Redman Pkwy, Plant City, FL 33566-7115
This exceptional investment opportunity presents a 3,750 square foot, single-tenant storefront occupied by Aspen Dental, a nationally recognized healthcare retailer, located at 2513 James L Redman Pkwy, Plant City, FL 33566. The property boasts a strong 5.75% cap rate and a substantial net operating income (NOI) of $152,625. The current lease, with a remaining term of approximately 3.9 years, extends to October 31, 2028, and includes three 5-year options with 10% rent escalations in each. Aspen Dental's corporate guarantee provides significant security. Built in 2018, this well-maintained building sits on a 0.54-acre lot and benefits from excellent visibility and high traffic counts (26,328 ADT) on a major retail corridor. Nearby retailers include Walmart, Lowe's, Winn-Dixie, and Ross. The property is an outparcel to Lowe's with convenient interconnectivity. Landlord responsibilities are limited to roof and structure maintenance. The submarket has experienced robust growth, with market rents increasing by 7.8% in the past year and vacancy rates remaining below 3.3% in the MSA. This offering presents a compelling combination of strong tenant, favorable lease terms, and a prime location within a thriving retail environment. The asking price is $2,654,000, translating to a price per square foot of $707.73.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Plant City, FLPlant City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.