Sold Subscription Required
| Price $2,495,000 | Built/Renov 1991/2023 | Tenant RISE |
| Cap Rate 6.40% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
3,248
| Lease Start
08-01-2023
| #Units
92
|
| Price/SF $768.17 | Expiration
08-01-2033
| Tenant Type General Retail |
| NOI $159,650 | R. Term 8.11 | Ownership Fee Simple |
| Rent/SF
$49.15
| Increases 3.0%/1/yrs | Pop 5Mi 99,836 |
| Lot/AC 2.90 | Options 1/5yrs/3% | AHHI 5Mi $127,493 |
| | |
RISE is strategically located on Wesley Chapel Boulevard, with access to 48,000 vehicles passing by daily. The property features nearby direct on/off ramp access to Interstate 75 (91,600 VPD), a major north-south U.S Highway. Additionally, it benefits from significant street frontage along Wesley Chapel Boulevard and is equipped with a monument sign, offering excellent visibility. Moreover, it...
...Recent renovation
Dense retail corridor
Strategically located
Freeway close
Affluent AHHI $100K 5 Mi
Income tax free state
Absolute NNN
Annual rent increases
Corporate Guarantee
Publicly traded company
Green Thumb Industries, Inc. (“Green Thumb”) is a publicly-traded Canadian corporation (OTCMKTS: GTBIF) that packages and sells cannabis consumer packaged goods. GTI is one of the world's...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,155 | 43,348 | 98,402 |
| 2023 Total Population : | 3,039 | 39,084 | 93,309 |
| 2023 Employed Civilian Pop : | 1,546 | 21,004 | 50,835 |
| 2023 Total Businesses : | 316 | 1,234 | 2,821 |
| 2023 Average Household Income : | $ 165,200 | $ 130,446 | $ 127,611 |
| 2023 Total Consumer Spending : | $ 161 M | $ 1533 M | $ 3617 M |
| 2023 Median Age : | 45 | 38 | 37 |
| 2023 Total Households : | 1,114 | 13,618 | 32,969 |
| 2023 Pop Age 25+: Bachelor's Degree : | 672 | 7,473 | 17,985 |
| 2023 Average Home Value : | $ 460,146 | $ 375,272 | $ 362,419 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Village Mart | Wesley Chapel Blvd | 2010 | 21,065 | 0.05 mi |
| I-75/SR-93 NB | Wesley Chapel Bl | 2021 | 4,800 | 0.14 mi |
| CR-54 WB | Wesley Chapel Bl | 2021 | 5,000 | 0.18 mi |
| CR-54 EB | I- 75 | 2021 | 17,500 | 0.24 mi |
| I- 75 | Wesley Chapel Blvd | 2011 | 51,000 | 0.25 mi |
| I-75/SR-93 SB | Wesley Chapel Bl | 2021 | 18,500 | 0.30 mi |
| State Hwy 54 | Pointe Pleasant Blvd | 2011 | 34,500 | 0.48 mi |
| Wesley Chapel Blvd | Gateway Blvd | 2011 | 20,000 | 0.60 mi |
| I- 75 | Wesley Chapel Blvd | 2011 | 73,807 | 0.68 mi |
| Old Pasco Rd | Foamflower Blvd | 2019 | 14,900 | 0.89 mi |
Joliet, IL
Cap Rate 5.80%
Lease Double NN
R. Term 8.80 yrs
Size/SF 3,500
Mesa, AZ
Cap Rate 7.29%
Lease Abs NNN
R. Term 7.70 yrs
Size/SF 10,480
Lakeland, FL
Cap Rate 5.95%
Lease Double NN
R. Term 9.10 yrs
Size/SF 7,600
Edwardsville, IL
Cap Rate 6.75%
Lease Double NN
R. Term 10.30 yrs
Size/SF 2,830
McHenry, IL
Cap Rate 6.50%
Lease Double NN
R. Term 9.40 yrs
Size/SF 15,563
Orland Park, IL
Cap Rate 6.65%
Lease Double NN
R. Term 9.10 yrs
Size/SF 14,910
Houston, TX
Cap Rate 5.75%
Lease NN+
R. Term 8.10 yrs
Size/SF 5,220
McMinnville, TN
Cap Rate 7.00%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 24,564
Stockton, CA
Cap Rate 7.00%
Lease Double NN
R. Term 0.90 yrs
Size/SF 5,993
Plainwell, MI
Cap Rate 6.93%
Lease Modified Gross
R. Term 8.11 yrs
Size/SF 43,763
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
