100% Leased Medical Office Investment Opportunity

For Sale

10537 Florida 54, New Port Richey, FL 34655

This New Port Richey property for sale is located at 10537 Florida 54. The general use of 100% Leased Medical Office Investment Opportunity is office and it incorporates 9,418 square feet of class B office space. The current listed sale price for 100% Leased Medical Office Investment Opportunity is $3,900,000.

Contacts

broker
Kim Lohry

Saunders Real Estate

Property Details

  • 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

Getting around

  • 35/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Target

    1.50 miles

  • Marshalls

    1.53 miles

  • Ross

    1.54 miles

  • Publix

    1.57 miles

  • ALDI

    1.59 miles

  • Sprouts Farmers Market

    1.88 miles

  • Walmart Supercenter

    1.90 miles

  • Dollar General Market

    3.65 miles

  • Bealls Outlet

    3.73 miles

  • Bealls

    3.81 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Kim Lohry

Saunders Real Estate

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