4623 Land O Lakes Blvd

4623-4625 Land O' Lakes Blvd is a fully renovated, single-story freestanding commercial building with direct frontage on US Highway 41 in Land O' Lakes, Pasco County, offered with a national tenant in place. The 1,780 SF concrete block and stucco building sits on 0.19 acres (8,458 SF) with a front surface parking lot.

Capital improvements include a new roof, new HVAC, new flooring and updated restrooms, so there are no near-term capital requirements. The in-place lease includes 3% annual rent escalations; lease terms and financials are available upon execution of an NDA.

US 41 carries approximately 69,000 vehicles per day through one of Florida's fastest-growing counties, with nearby access to SR 54, the Veterans Expressway and I-75. Trade-area demographics are strong, with a 3-mile median household income of $127,693 and a 5-mile population of 131,903 (Esri 2025). C-2 General Commercial zoning supports retail, office, medical, financial and service uses, providing re-leasing flexibility, and the property is in FEMA Flood Zone X.

Offered at $695,000 at a 6.98% cap rate, the property gives investors a low-maintenance net lease income stream on a high-visibility Tampa Bay corridor.

Highlights:

- National tenant in place with 3% annual rent escalations

- 6.98% cap rate at $695,000 (confirm current price)

- Fully renovated: new roof, HVAC, flooring and restrooms

- Direct US Hwy 41 frontage (±69,000 vehicles/day)

- C-2 General Commercial zoning for flexible re-leasing

- Flood Zone X; low taxes ($2,571 in 2025)

- Strong demographics: 3-mile median HH income $127K+