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
Agent info
Contact Agent

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