5510 Post Oak Blvd - Restaurant FOR SALE


Wesley Chapel, FL 33544
$4,102,564 USD
636-219-9156
5510 Post Oak Blvd, Wesley Chapel, FL for Sale
$4,102,564 USD
Restaurant - FOR SALE
1/9
null | 5.85% Cap Rate

5510 Post Oak Blvd
Wesley Chapel, FL 33544


HIGHLIGHTS

  • 7,201 SF on 1.48 AC
  • Fully Built-Out, Freestanding Restaurant With Established WingHouse
  • 15-Year Absolute NNN Lease
  • Dual-Layer Guaranty Structure
  • High-Growth Wesley Chapel Location With 103,000+ Residents
  • Near Major Residential, Retail and Healthcare Developments

OVERVIEW

5510 Post Oak Boulevard offers investors the opportunity to acquire a single-tenant, absolute NNN restaurant investment in the rapidly growing Wesley Chapel market. The 7,201± SF building sits on 1.48± acres and is leased to WingHouse Bar & Grill under a new 15-year term extending through July 2041. The property is offered at $4,102,564, reflecting a 5.85% cap rate based on $240,000 in annual rent. The lease features 3% annual rent increases throughout the initial term and one 10-year renewal option with continued annual increases. Under the absolute NNN structure, the tenant is responsible for all property-related expenses, providing investors with a passive income stream and minimal landlord obligations. The lease is backed by a full, unconditional personal guaranty from the operating principal covering the initial term and any exercised option period. At the asking price, the investment also includes a corporate guaranty from a well-capitalized, multi-unit operating company with a reported 2.47x rent coverage ratio, creating an additional layer of credit support. Guarantor financials and supporting documents are available to qualified purchasers upon execution of a confidentiality agreement. Located approximately 25 miles north of Downtown Tampa, the property benefits from Wesley Chapel’s strong population growth, affluent demographics, and expanding institutional investment. More than 103,000 residents live within five miles, with a median household income exceeding $115,000. The site is positioned near major residential communities, regional retail destinations, and a growing concentration of healthcare campuses, supporting consistent restaurant demand and long-term market growth.

FOR SALE DETAILS

PRICE

$4,102,564 USD

PRICE/SF

$570 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The WingHouse Bar & Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,633 SF

ZONING

C2

APN/PARCEL ID

12-26-19-0000-00400-0050

ASK ABOUT THIS PROPERTY

Jay BillingsCommercial Partners Realty, Inc.More Info
636-219-9156

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Jay BillingsCommercial Partners Realty, Inc.More Info
636-219-9156

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