28053 Wesley Chapel Blvd - Freestanding FOR SALE


Zephyrhills, FL 33543
$2,369,000 USD
813-434-8278
28053 Wesley Chapel Blvd, Zephyrhills, FL for Sale
$2,369,000 USD
Freestanding - FOR SALE
1/12
null | 7.15% Cap Rate

28053 Wesley Chapel Blvd
Zephyrhills, FL 33543


HIGHLIGHTS

  • 7+ Years Remaining | Corporate Guaranteed | Options To Extend | Annual Increases | Growing Tenant
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Demographics In 5-Mile Trade Area | High Growth Area
  • Wesley Chapel Boulevard | Interstate 75 | Excellent Visibility
  • The Grove at Wesley Chapel | Nearby National/Credit Tenants
  • Westgate at Avalon Park | High Growth Area | New Baycare Development

OVERVIEW

• 7+ years remain on this corporate guaranteed lease with an option to extend, demonstrating their commitment to the site • The lease is signed by the parent operating company, Green Thumb Industries, dba Rise; Green Thumb has 20 manufacturing facilities, over 120 open retail locations and operations across 14 U.S. markets • The lease features 3% annual rental increases throughout the initial term and option period, increasing NOI and hedging against inflation • U.S. cannabis retail sales remain a significant growth market, with legal sales projected to surpass $50 billion annually by 2030 as additional states expand medical and adult-use programs • Overall retail revenue increased 3.6% versus the second quarter of 2025

FOR SALE DETAILS

PRICE

$2,369,000 USD

PRICE/SF

$729 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Thumb Industries - Tampa FL MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

C2

APN/PARCEL ID

07-26-20-0000-00100-0120

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.