Property Description
Rare opportunity to acquire a newly constructed, single-tenant net leased Dollar Tree located in the rapidly growing Odessa market of Pasco County, Florida. This ±10,000 SF freestanding retail asset offers investors stable long-term income backed by one of the nation’s leading discount retailers, positioned at an attractive 6.0% cap rate.
Strategically located within one of the Tampa Bay region’s fastest-growing residential corridors, the property benefits from strong population growth, increasing rooftops, and expanding commercial development. The site offers excellent visibility, convenient access, and strong traffic counts, making it a highly desirable retail location serving both established and emerging residential communities.
The newly constructed building features modern prototype construction, ample parking, prominent storefront visibility, and low-maintenance ownership characteristics. Dollar Tree continues to perform as a recession-resistant retailer with a nationally recognized brand and thousands of locations across the United States.
This offering presents an ideal opportunity for passive investors seeking dependable cash flow, long-term stability, and the security of a nationally recognized credit tenant in a high-growth Florida market.
Property Highlights
±10,000 SF freestanding retail building
Brand new construction
Single-tenant net leased investment
Offered at a 6.0% cap rate
Long-term lease with Dollar Tree
Located in high-growth Odessa / Pasco County market
Excellent visibility and accessibility
Ample on-site parking
Low-maintenance investment opportunity
Strong demographics and continued residential growth nearby
Location Overview
Odessa, Florida continues to experience significant residential and commercial expansion driven by population migration throughout the Tampa Bay MSA. The property is positioned to capitalize on increasing consumer demand generated by nearby master-planned communities, expanding infrastructure, and continued retail growth throughout Pasco County. Its proximity to major transportation corridors provides convenient regional access and reinforces the long-term viability of the location for national retail tenancy.
Features
- Cooling System:
- Central Air
Address Map
- Country:
- US
- State:
- FL
- County:
- Pasco
- City:
- Odessa
- Subdivision:
- TRINITY LAKES XINGS
- Zipcode:
- 33556
- Street:
- STATE ROAD 54
- Street Number:
- 11820
- Longitude:
- W83° 22' 48.6''
- Latitude:
- N28° 11' 20.3''
- Directions:
- SR 54 to Trinity Blvd. No sign on property
- Mls Area Major:
- 33556 - Odessa
- Zoning:
- MPUD
Additional Information
- Stories Total:
- 1
- On Market Date:
- 2026-05-20
- Foundation Details:
- Slab
- Construction Materials:
- Stucco, Metal Frame
- Building Size:
- 10000
Financial
- Tax Annual Amount:
- 29353.14
Listing Information
- List Agent Mls Id:
- 254533974
- List Office Mls Id:
- 743101
- Mls Status:
- Pending
- Modification Timestamp:
- 2026-05-20T12:02:09Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-05-20T12:01:23Z
Commercial Sale For Sale
11820 State Road 54, Odessa, Florida 33556
10,106 Sqft
$3,600,000
Listing ID #TB8510561
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- TB8510561
- Price :
- $3,600,000
- Square Footage :
- 10,106 Sqft
- Year Built :
- 2024
- Lot Area :
- 0.85 Acre
- Property Sub Type :
- Retail
