100% Leased Medical Office Investment Opportunity

10537 Florida 54, New Port Richey, FL 34655

  • For Sale $3,900,000
  • Property Type Office - Medical Office
  • Property Size 9,418 SF
  • Units 3
  • Parking Spaces Avail. 54
  • Parking Ratio 5.73 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2008
  • Date Updated Jun 27, 2025
Located in the heart of the Trinity area of New Port Richey, this location offers immediate access to a thriving, high-growth corridor along State Road 54. The area is anchored by major medical providers, including HCA Florida Trinity Hospital just 1.6 miles away and Gulf Coast Medical Center – Trinity less than a mile from the property. Surrounded by professional office parks, national retailers, and affluent residential communities, the location benefits from strong demographics and consistent traffic. Nearby amenities include Publix, Target, restaurants, fitness centers, and banking institutions, making it highly convenient for both tenants and visitors. This dynamic, well-established submarket is a magnet for healthcare, professional services, and long-term investment stability.Situated along the high-traffic corridor of State Road 54 in Trinity, Florida, this turnkey medical office property offers investors a rare blend of stability, growth, and strategic location. Purpose-built in 2008, the building spans 9,418 square feet and is demised into three modern units—each occupied by well-established tenants, including the area’s largest pediatric group. All leases feature structured rent escalations that enhance income predictability and hedge against inflation. The property benefits from a flexible 00C2 zoning designation, supporting a broad spectrum of professional and medical uses. With over 56,000 vehicles passing daily and major hospitals like HCA Florida Trinity Hospital just minutes away, the site is ideally positioned to attract and retain quality tenants in the healthcare and professional services sectors. The surrounding community is marked by strong demographics—within a five-mile radius, the average household income exceeds $100,000 and the average home value is nearly $400,000. The building is flanked by national retailers, banking institutions, and affluent residential neighborhoods, offering convenience to both tenants and their clientele. Designed with long-term performance in mind, this asset requires minimal management while delivering a robust 7.2% cap rate. For investors seeking a fully leased, income-producing property in one of Pasco County’s most desirable submarkets, this offering represents both security and upside.
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Highlights

  • 100% Leased to established tenants, including the largest pediatric group in the county
  • 9,418 SF Medical Office Building built in 2008 and professionally designed across three units
  • Attractive Rent Escalations with 5% annual increases built into all tenant leases
  • Turnkey Investment Opportunity offering stable cash flow and minimal management responsibilities
  • Zoned 00C2 – flexible commercial zoning supporting a range of professional and medical use

Contacts

broker

Saunders Real Estate

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City New Port Richey, FL
  • Neighborhood Jay B. Starkey
  • Zip Code 34655
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Circle K

    0.41 miles

  • 7-Eleven

    0.75 miles

  • Amoco

    0.92 miles

  • Wawa

    1.52 miles

  • Mobil

    1.79 miles

  • Citgo

    2.21 miles

  • Sunoco

    2.50 miles

  • Greenlots

    6.00 miles

  • Tesla Supercharger

    6.05 miles

  • EV Connect -CCS connectors

    6.20 miles

  • Nebraska Avenue Lot

    6.06 miles

  • Missouri Avenue Lot

    6.08 miles

  • Thomas Meighan Parking Lot

    6.16 miles

  • Gloria Swanson Parking Lot

    6.21 miles

  • New Port Richey Parking Garage

    6.42 miles

  • PCSB

    7.96 miles

  • Main Parking Lot

    8.01 miles

  • Peterson Park

    8.06 miles

  • Visitor parking

    8.20 miles

  • Student Parking

    8.35 miles

  • Holiday Inn Express & Suites Trinity

    0.84 miles

  • Hampton Inn & Suites

    1.27 miles

  • Quality Inn & Suites Conference Center

    6.01 miles

  • SpringHill Suites Tampa Suncoast Parkway

    6.02 miles

  • Fairfield Inn & Suites Holiday Tarpon Springs

    6.03 miles

  • Residence Inn Tampa Suncoast Parkway at NorthPointe Village

    6.12 miles

  • Rodeway Inn

    6.12 miles

  • Hilton Garden Inn

    6.13 miles

  • Comfort Inn & Suites New Port Richey Downtown District

    6.44 miles

  • Green Key Beach Motel

    6.61 miles

  • Five Guys

    0.22 miles

  • McDonald's

    0.23 miles

  • IHOP

    0.26 miles

  • Bonefish Grill

    0.29 miles

  • Taco Bell

    0.29 miles

  • Smoothie King

    0.33 miles

  • Dunkin'

    0.33 miles

  • Jersey Mike's Subs

    0.34 miles

  • Johnny Brusco's New York Style Pizza

    0.35 miles

  • Outback Steakhouse

    0.41 miles

  • Trinity Elementary School

    0.27 miles

  • Longleaf Elementary School

    0.93 miles

  • Montessori School of Trinity

    1.08 miles

  • Starkey Ranch K-8 School

    1.55 miles

  • J. W. Mitchell High School

    1.72 miles

  • Trinity Education Complex

    1.83 miles

  • Seven Springs Middle School

    1.88 miles

  • Plato Academy

    2.24 miles

  • Trinity College of Florida

    2.30 miles

  • Odessa Elementary School

    2.42 miles

  • Longleaf Learning Center

    0.56 miles

  • Little Owl Learning Academy

    0.71 miles

  • Creative World School

    1.67 miles

  • Amazing Explorers Academy - Trinity

    1.78 miles

  • Discovery Point - Trouble Creek

    3.33 miles

  • Wee Kids of Pasco

    3.42 miles

  • La Petite Academy

    4.00 miles

  • Early Achievers Academy

    4.97 miles

  • Creative Kidz Center

    5.18 miles

  • Storybook School House Too

    5.53 miles

Frequently Asked Questions

How much does 100% Leased Medical Office Investment Opportunity cost?

The space currently listed for sale at 100% Leased Medical Office Investment Opportunity asks for $3,900,000.

What is the total square footage of 100% Leased Medical Office Investment Opportunity?

100% Leased Medical Office Investment Opportunity totals 9,418 square feet.

When was this property built?

100% Leased Medical Office Investment Opportunity was built in 2008.

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Contact Listing Broker
broker

Saunders Real Estate

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