Monticciolo Family Dentistry – Tarpon Springs, FL

$ 1,668,000
40688 US Hwy 19 North, Tarpon Springs, Florida, Tarpon Springs

Overview

  • 3,215 ft2
  • Property Size
  • 2018
  • Year Built:
  • Updated On:
  • November 2, 2025

Property Id: 27743
Price: $ 1,668,000
Property Size: 3,215 ft2
Year Built: 2018
CAP Rate: 6.00%
Tenant: Monticciolo Family Holdings, LLC
Lease Type: Absolute NNN
Lease Exp.: 07/31/2040
Details: (Building & Land) Fee Simple

Description

Monticciolo Dentistry has a Brand new 15-year Absolute NNN lease, featuring attractive 2% annual rental escalations starting August 1, 2031. The 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. It is Situated on a signalized, northwest hard corner on a ±0.51-acre lot with excellent drive-by visibility/access on US-19 (main north/south thoroughfare) & E Martin Luther King Jr Dr with traffic counts of 82,859 CPD!

The Asset is Well-positioned in a dense retail corridor – Pad site to USPS facility adjacent to Publix and Walmart Anchored Retail Center – within 1 mile of Lowe’s, T.J. Maxx, Bealls, Petco, Ulta Beauty, & Staples. Major retailers in Tarpon Springs include Walmart, Lowe’s, T.J. Maxx, Bealls, Ulta Beauty, Sally, Staples, Dollar Tree, Ace Hardware, Buddy’s Home Furnishings, Petco, Publix, Winn-Dixie, Walgreens, CVS, GNC, Mattress Firm, AutoZone, Advance Auto Parts, Verizon, T-Mobile, Anytime Fitness; Dining options include McDonald’s, Starbucks, Wendy’s, Taco Bell, Burger King, Arby’s, Jersey Mike’s Subs, Panera Bread, Dunkin’, IHOP, Chili’s Grill & Bar, Subway, Marco’s Pizza, Domino’s Pizza, and Tropical Smoothie Café. Monticciolo Dentistry is 6 minutes (2.5 miles) to St. Petersburg College Tarpon Springs – a public college offering associate & baccalaureate degree programs, serving 1,959 students (Fall 2024); 5 minutes (1.5 miles) to AdventHealth North Pinellas – a 168- bed, full-service hospital specializing in cardiovascular medicine, emergency medicine, women’s care, general surgery including minimally invasive & robotic-assisted procedures.

Property Highlights

  • BRAND NEW 15-YEAR ABSOLUTE NNN LEASE: Brand new 15-year Absolute NNN lease, featuring attractive 2% annual rental escalations starting August 1, 2031
  • HARD CORNER | TRAFFIC COUNTS: Situated on a signalized, northwest hard corner on a ±0.51-acre lot with excellent drive-by visibility/access on US-19 (main north/south thoroughfare) & E Martin Luther King Jr Dr with traffic counts of 82,859 CPD!
  • 2025 DEMOGRAPHICS: Total Population (5MI): 141,573 | Average Household Income (1MI): $123,658
  • 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.
  • DENSE RETAIL CORRIDOR: Well-positioned in a dense retail corridor – Pad site to USPS facility adjacent to Publix and Walmart Anchored Retail Center – within 1 mile of Lowe’s, T.J. Maxx, Bealls, Petco, Ulta Beauty, & Staples

Address: 40688 US Hwy 19 North, Tarpon Springs, Florida
State/County:
Zip: 34689
Country: United States

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