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Wesley Chapel, FL - Promenade Retail

$8,750,000

7605, 7619, 7597 Triumph Ridge Point, Zephyrhills, FL 33545

Active
Last Updated: 06/09/2025

5.72

Cap Rate

500,742

NOI

Details:
Cap Rate:    5.72%
NOI:    $500,742
Building Size:    9,222 sqft
Description:

• Opportunity to acquire the Promenade Three-Tenant strip, a new construction retail building that consists of Heartland Dental, GoodVets, and Ann’s Salon & Spa
• The tenants are all operating under new 10-year lease terms with rent increases and options to extend
• Landlord responsibilities limited to roof, structure, foundation, parking lot re-surfacing, common area maintenance
• Building and site feature an 80 mil TPO roof w/ 30-year roof warranty, heavy duty asphalt pavement, extensive use of low maintenance stacked stone and Nichiha cement board sliding, and more

• The site is located at the signalized, hard corner intersection of Overpass Road and Curley Road averaging a combined 31,200 VPD
• The surrounding multi-family developments will provide a direct consumer base from which to draw
• Site has prominent signage along two major roadways including one at the Overpass Rd/Curley intersection
• Less than 5 minutes from the new John’s Hopkins All Children’s Hospital 110-acre campus located at Overpass Rd and I-75 (Construction began May 2025)
• Less than 3 miles East off Interstate 75, allowing easy on/off ramp access to the site and surrounding trade areas
• Across from newly built Innovation Springs, anchored by Publix
• Part of a larger development that features Starbucks, Chick-fil-A, Clean Freak /Circle K Car Wash, and more
• Just East of the Epperson Lagoon, a stunning 7.5-acre man-made aquatic paradise
• Pasco County New Developments:
• Two Rivers - Upon completion, the master-planned community will feature 6,000-homes and Tampa’s first surf park
• The Landings - Plans have been submitted for the new $27M upscale, members-only social club within the Two Rivers community
• Johns Hopkins All Children’s -The 112-acre site will house a 56-bed hospital, a 16-room emergency center, four operating rooms, four imaging rooms and additional clinic space designed for future expansion.

Map:
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