Home › NNN Properties For Sale › Florida › Pasco County
40 NNN properties are observed for sale in Pasco County, Florida across 31 tenants and 11 towns as of November 6, 2026, at a median asking cap rate of 5.93%, 18 basis points above the Florida median of 5.75%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how Pasco County prices against Florida and the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Pasco County run from 4.50% to 8.50%, with the middle half of listings between 5.25% and 6.31%. Median asking price $3.55M (median $805 per SF). Average remaining lease term 14.1 years among 10 listings that state a term. 7 listings report a 2026 build year. 23 listings were first observed and 9 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Pasco County vs Florida and the National NNN Market
| Measure | Pasco County | Florida | United States |
|---|---|---|---|
| Observed listings | 40 | 678 | 7,398 |
| Median asking cap rate | 5.93% | 5.75% | 6.35% |
| Middle half of asking cap rates | 5.25% to 6.31% | 5.23% to 6.50% | 5.70% to 7.15% |
| Median asking price | $3.55M | $3.45M | $2.77M |
| Average remaining lease term (listings stating a term) | 14.1 yrs | 11.4 yrs | 10.1 yrs |
| Listings with an investment grade rated tenant brand or parent company | 28% | 23% | 25% |
All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.
NNN Properties For Sale in Pasco County: Latest Listings
Up to twenty-four single-tenant net lease properties in Pasco County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed Pasco County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Town | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| 7-Eleven | Odessa | $6,367,175 | 4.85% | $308,808 | n/a | 2021 | Not stated | Get full property data |
| Dollar General | New Port Richey | $1,925,000 | 6.95% | $133,769 | n/a | 2014 | Not stated | Get full property data |
| Discount Tire | Odessa | $2,903,000 | 4.65% | $135,000 | n/a | 2026 | Not stated | Get full property data |
| Muv | Port Richey | $2,350,000 | 7.00% | n/a | n/a | 1981 | Not stated | Get full property data |
| Heartland Dental | New Port Richey | $3,714,100 | 5.25% | $194,990 | n/a | 2024 | Not stated | Get full property data |
| Meineke | Port Richey | $1,333,000 | 6.75% | $90,000 | n/a | 1988 | Not stated | Get full property data |
| Advance Auto Parts | San Antonio | $2,500,000 | 5.00% | $125,000 | n/a | 2026 | Not stated | Get full property data |
| Walgreens | Lutz | $7,527,000 | 6.00% | $451,596 | n/a | 2025 | Not stated | Get full property data |
| Take 5 Oil Change | Wesley Chapel | $2,562,000 | 5.75% | $147,350 | n/a | 2023 | Not stated | Get full property data |
| Monticciolo Family & Sedation Dentistry | New Port Richey | $4,795,248 | 6.25% | $299,703 | n/a | 2002 | Not stated | Get full property data |
| WingHouse | Wesley Chapel | $3,692,307 | 6.50% | $240,000 | n/a | 2007 | Not stated | Get full property data |
| Dunkin' | San Antonio | $2,158,000 | 5.00% | $107,900 | n/a | 2026 | Not stated | Get full property data |
| Panera Bread | San Antonio | $3,875,000 | 5.10% | $197,500 | n/a | 2026 | Not stated | Get full property data |
| Chipotle | San Antonio | $4,555,500 | 4.50% | $205,000 | n/a | 2026 | Not stated | Get full property data |
| Bojangles | Lutz | $3,457,943 | 5.35% | $185,000 | n/a | 2025 | Not stated | Get full property data |
| Outback Steakhouse | Lutz | $3,761,905 | 5.25% | $197,500 | n/a | 2025 | Not stated | Get full property data |
| NAPA Auto Parts | Hudson | $1,550,000 | 5.76% | n/a | n/a | 1973 | Not stated | Get full property data |
| Green Thumb Industries | Wesley Chapel | $2,369,000 | 7.15% | $169,373 | n/a | 1991 | Not stated | Get full property data |
| Sage Dental | Hudson | $2,672,000 | 5.85% | $156,316 | n/a | 2002 | Not stated | Get full property data |
| IHOP | Dade City | $1,632,000 | 6.25% | $102,000 | n/a | 1984 | Not stated | Get full property data |
| Whistle Express Car Wash | Port Richey | $4,089,317 | 6.00% | $245,359 | n/a | 2017 | Not stated | Get full property data |
| LongHorn Steakhouse | Zephyrhills | $3,644,860 | 5.35% | $195,000 | n/a | 2025 | Not stated | Get full property data |
| Rivian | Lutz | $15,262,000 | 8.50% | $1,297,276 | 16.3 yrs | n/a | NNN | Get full property data |
| Learning Experience | Land O' Lakes | $3,939,000 | 6.20% | $244,219 | 9.7 yrs | 2007 | NN+ | Get full property data |
Showing 24 of 40 observed Pasco County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Pasco County NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| 7-Eleven | 4 | 4.93% | 4.75% to 5.25% | $5.37M | 7-Eleven NNN for sale |
| Heartland Dental | 4 | 5.25% | 5.25% to 6.25% | $3.55M | Heartland Dental NNN for sale |
| Dollar General | 2 | 6.60% | 6.24% to 6.95% | $2.03M | Dollar General NNN for sale |
| Take 5 Oil Change | 2 | 5.75% | 5.75% | $4.03M | |
| Walgreens | 2 | 6.50% | 6.00% to 7.00% | $7.19M | Walgreens NNN for sale |
| Advance Auto Parts | 1 | n/a | 5.00% | $2.50M | Advance Auto Parts NNN for sale |
| Amoco | 1 | n/a | 7.10% | $3.80M | |
| Bojangles | 1 | n/a | 5.35% | $3.46M | |
| Chevron | 1 | n/a | 7.50% | $3.30M | Chevron NNN for sale |
| Chipotle | 1 | n/a | 4.50% | $4.56M | Chipotle NNN for sale |
| CVS | 1 | n/a | 6.00% | $11.92M | CVS NNN for sale |
| Discount Tire | 1 | n/a | 4.65% | $2.90M | |
| Dunkin' | 1 | n/a | 5.00% | $2.16M | Dunkin' NNN for sale |
| Greenlane | 1 | n/a | 6.00% | $2.58M | |
| Green Thumb Industries | 1 | n/a | 7.15% | $2.37M | |
| IHOP | 1 | n/a | 6.25% | $1.63M | IHOP NNN for sale |
| Learning Experience | 1 | n/a | 6.20% | $3.94M | |
| LongHorn Steakhouse | 1 | n/a | 5.35% | $3.64M | LongHorn Steakhouse NNN for sale |
| Marathon | 1 | n/a | 7.31% | $2.10M | Marathon NNN for sale |
| Meineke | 1 | n/a | 6.75% | $1.33M | |
| Monticciolo Family & Sedation Dentistry | 1 | n/a | 6.25% | $4.80M | |
| Muv | 1 | n/a | 7.00% | $2.35M | |
| NAPA Auto Parts | 1 | n/a | 5.76% | $1.55M | NAPA Auto Parts NNN for sale |
| Outback Steakhouse | 1 | n/a | 5.25% | $3.76M | Outback Steakhouse NNN for sale |
| Panera Bread | 1 | n/a | 5.10% | $3.88M |
Tenants with the most Pasco County listings observed (top 25 of 31).
Tenant Credit in Pasco County
11 of 40 observed Pasco County listings (28%) are leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 23% across Florida and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.
Pasco County NNN Properties by Town
The towns with the most observed Pasco County listings are Lutz (5), Odessa (5) and San Antonio (5). Tap any town in the table to filter the full listing browser to that town.
| Town | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Lutz | 5 | 6.00% | $6.52M |
| Odessa | 5 | 4.85% | $4.03M |
| San Antonio | 5 | 5.00% | $5.00M |
| Dade City | 4 | 6.68% | $2.42M |
| Hudson | 4 | 5.51% | $3.13M |
| New Port Richey | 4 | 6.25% | $3.17M |
| Zephyrhills | 4 | 5.30% | $3.95M |
| Port Richey | 3 | 6.75% | $2.59M |
| Wesley Chapel | 3 | 6.50% | $2.87M |
| Land O' Lakes | 2 | 5.73% | $3.74M |
| Holiday | 1 | n/a | $6.85M |
Towns as named in each listing (all 11).
Pasco County Economy at a Glance
| Measure | Value | Period | Source |
|---|---|---|---|
| Resident population | 674,516 (+19.1% since 2020) | 2025 | FRED FLPASC5POP, U.S. Census Bureau |
| Unemployment rate (not seasonally adjusted) | 4.7% | September 2026 | FRED FLPASC5URN, U.S. Bureau of Labor Statistics |
| Per capita personal income | $59,136 | 2024 | FRED PCPI12101, U.S. Bureau of Economic Analysis |
Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.
NNN Properties in Counties Bordering Pasco County
- NNN properties for sale in Hillsborough County, Florida (37 listings)
- NNN properties for sale in Pinellas County, Florida (32 listings)
- NNN properties for sale in Polk County, Florida (27 listings)
- NNN properties for sale in Hernando County, Florida (10 listings)
- NNN properties for sale in Sumter County, Florida (1 listing)
Counties that share a land border with Pasco County, by observed listings with a confirmed county. Bordering counties with no observed listings are not shown, and counties without their own page yet are listed for reference.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Pasco County, Florida across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the Florida page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The Florida and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.
Frequently Asked Questions: NNN Properties For Sale in Pasco County
How many NNN properties are for sale in Pasco County, Florida?
As of November 6, 2026, 40 single-tenant net lease properties are observed for sale in Pasco County across 31 tenants and 11 towns. The count updates automatically as listings are added and withdrawn.
What cap rates are Pasco County NNN properties asking?
The median asking cap rate is 5.93%, with the middle half of listings between 5.25% and 6.31%. Asking cap rates describe what sellers are asking, not closed sale prices.
How does Pasco County compare with the rest of Florida?
The Pasco County median asking cap rate of 5.93% sits 18 basis points above the Florida median of 5.75%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.
Which tenants have the most Pasco County NNN listings?
The tenants with the most observed listings are 7-Eleven (4), Heartland Dental (4), Dollar General (2), Take 5 Oil Change (2) and Walgreens (2).
Which towns in Pasco County have the most NNN listings?
The towns with the most observed listings are Lutz (5), Odessa (5) and San Antonio (5). Tap a town in the town table to filter the listing browser.
More NNN Markets
- NNN properties for sale in Florida, with Florida transfer and property tax notes
- All NNN properties for sale by tenant
- 1031 exchange rules and replacement property strategy
- What a cap rate is and how to read one
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.

