11820 STATE ROAD 54 Odessa, FL $ 3,600,000
11820 STATE ROAD 54
$ 3,600,000
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11820 STATE ROAD 54

Odessa, FL, 33556
$ 3,600,000
Bedrooms-- Baths-- Sq 10,106

Monthly Estimate*

$ 22,166

11820 STATE ROAD 54, Odessa, FL 33556 - Image 1

Commercial Property for sale in Odessa, FL

for $3,600,000. This 10,106 square foot building was built in 2024 on a lot size of 0.85.

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.

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Commercial Pending

Price

$ 3,600,000

Property Type

Commercial

Taxes

$ 29,353

Style

Retail

Lot Size

0.85

Year Built

2024

Town/City

Odessa

County/Region

Hillsborough

MLS | Web ID

TB8510561

Features
General
Cooling Central Air
Zoning MPUD
Construction Materials Metal Frame Stucco
Year Built 2024
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Gross Income 216500
County Pasco
New Construction false
Property Type Commercial Sale
Subdivision Name TRINITY LAKES XINGS
Status Pending
Directions SR 54 to Trinity Blvd. No sign on property
City ODESSA
MLS Area 33556 - Odessa
Lot Size Units Square Feet
Lot Size Square Feet 36979
Tax Annual Amount 29353.14
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Tax Lot 11
Legal Description TRINITY LAKES CROSSINGS LOT 11 REPLAT PB 81 PG 109 LOT 11B
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 36979
Foundation Details Slab
Number of Buildings 1
Building Area Total 10000
Lot Size Acres 0.85
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type County Road
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* Excluded Features
List By
Bingham Realty Inc

Broker

will@binghamrealtyinc.com

Email

Affordability Calculator

$24,612
Per Month
90%
10%
0%
Monthly Principal & Interest
$22,166
Monthly Property Taxes
$2,446
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$3,600,000 Listed Price

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11820 STATE ROAD 54, Odessa, FL, 33556 is a Commercial Property for sale at $3,600,000 with 10,106 sqft and a lot size of 0.85. 11820 STATE ROAD 54 was built in 2024. The property's zip code is 33556 which is in Odessa, FL