Monticciolo Familly Dentistry – Seminole, FL
Offer Price
$4,497,000
Monticciolo Familly Dentistry – Seminole, FL
Monticciolo Family Dentistry has a Brand new 20-year Absolute NNN lease, featuring attractive 2% annual rental escalations starting August 1, 2031! The Tenant, Monticciolo Family Holdings, LLC – Successfully owns and operates 12 locations in Florida – it’s the largest IV Sedation Dental Group in Florida specializing in niche sedation dentistry for a wide range of patients. It is Positioned on a large ±1.036-acre lot with outstanding exposure and direct access on FL-595/Seminole Blvd (main north/south thoroughfare) with traffic counts of 39,710 CPD !
The Asset is near Burlington, Sportsman’s Warehouse, Home Depot, Bealls, HomeGoods, Sprouts Farmers Market, Publix, Aldi, The Fresh Market, and Petco. Major retailers within 5 miles include Walmart, Target, Sam’s Club, Home Depot, Lowe’s, T.J. Maxx, Ross Dress for Less, Kohl’s, Burlington, Sportsman’s Warehouse, Bealls, Talbots, HomeGoods, Ulta Beauty, Five Below, Kirkland’s, Aldi, Publix, Sprouts Farmers Market, The Fresh Market, Petco, Studio Movie Grill, LA Fitness. Monticciolo Family Dentistry is 1.5 miles from St. Petersburg College Seminole – a public college offering associate and baccalaureate degree programs, serving 3,421 students (Fall 2024); 6 miles from HCA Florida Largo – a 455-bed acute care hospital with 2 campuses and a free-standing Emergency Department, offering a number of specialty services including advanced cardiac care, invasive heart procedures, complex GI services, and more.
Property Highlights NEW 15-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease, featuring attractive 2% annual rental escalations starting August 1, 2031!
DENSE RETAIL CORRIDOR: Close proximity to Burlington, Sportsman’s Warehouse, Home Depot, Bealls, HomeGoods, Sprouts Farmers Market, Publix, Aldi, The Fresh Market, Petco, etc.
VERY AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 228,990 | Average Household Income (1MI): $117,813
TENANT: Monticciolo Family Holdings, LLC – Successfully owns & operates 12 locations in Florida – it’s the largest IV Sedation Dental Group in Florida specializing in niche sedation dentistry for a wide range of patients
LARGE PARCEL | TRAFFIC COUNTS: Positioned on a large ±1.036-acre lot with outstanding exposure and direct access on FL-595/Seminole Blvd (main north/south thoroughfare) with traffic counts of 39,710 CPD!
Year built: 1981
CAP rate: 6.00%
Tenant: Monticciolo Family Holdings, LLC
Lease type: Absolute NNN
Lease expiration: 07/31/2040
Details: (Building & Land) Fee Simple
Building size: 7293 sq ft
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.