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.