14631 State Road 54Odessa, FL 33556

This exceptional investment opportunity presents a brand-new, 5,200 square foot Circle K gas station located at 14631 State Rd 54, Odessa, FL 33556, within the Tampa MSA. The property sits on a 1.728-acre lot and boasts 24 parking spaces. Built in 2024, this single-tenant, absolute NNN net lease features a credit-rated Circle K tenant with a 15-year lease commencing December 1, 2024, and expiring December 1, 2039. The lease includes 5% rent bumps every five years and seven 5-year lease options. The property benefits from a strong location, fronting State Road 54 (62,000 vehicles per day) and near Suncoast Parkway (54,800 VPD), providing excellent visibility and accessibility. It's situated near the rapidly expanding Starkey Ranch master-planned community, adding to its long-term growth potential. The property's NOI is $215,250, resulting in a 4.75% cap rate, and the asking price is $4,532,000. The ground lease is in place. This investment is part of a larger retail development, including additional commercial and residential components. The 5-mile trade area boasts over 80,000 residents and 15,000 employees, with an average household income exceeding $179,747 within a 1-mile radius. Odessa is a high-growth submarket within the Tampa MSA.