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Zephyrhills, FL - LongHorn Steakhouse

$3,980,000

7459 Gall Boulevard, Zephyrhills, FL 33541

Active
Last Updated: 01/11/2025

4.9

Cap Rate

195,000

NOI

Details:
Cap Rate:    4.9%
NOI:    $195,000
Building Size:    5,780 sqft
Lot Area:    1.56 acres
Occupancy:    100%
Year Built:    2025
Zoning:    C2: Community Commercial
Description:

• LongHorn is part of a larger retail development that includes McDonald’s, Extra Space Storage, Take 5, and Radiant Express Car Wash
• The asset is positioned between Merchants Square Shopping Center and a Walmart Supercenter (175,800 SF)
• The neighboring Walmart ranks in the 87th percentile (469 out of 3,876) of all nationwide locations via Placer.ai
• The adjacent Publix ranks in the 76th percentile (309 out of 1,334) of all nationwide locations via Placer.ai
• Adjacent to the newly built Ilumina Zephyrhills, a 252-unit apartment complex completed in 2024
• AdventHealth Zephyrhills Hospital is positioned less than 1-mile to the subject property and features approximately 150 beds
• Zephyrhills is currently growing at a rate of 5.24% annually and its population has increased by 16.57% since the most recent census
• Population counts exceed 68,300 individuals
• $70,300 average household income

Map:
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