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Single-Tenant Absolute NNN Property
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28053 Wesley Chapel Boulevard, Wesley Chapel, FL 33543

Corporate-guaranteed occupancy, scheduled rental increases, and direct access to Interstate 75 support the property’s commercial profile.

Property Size3,248 SF
Price / SF$729.37
Days on Market11

Property Features for 28053 Wesley Chapel Boulevard

General Information

Standard status Active
Size 3,248 SF
Total Parking Spaces 12
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $169,373

Building Details

Year Built 1991
Year Renovated 2023
Tenancy Single
Listing Agency: SRS Real Estate Partners Tampa
Listed By: William Wamble · License #SL3257920
Source: Crexi
Added: Aug 14 Changed: Aug 22 Last Checked: Aug 23 at 2:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

Built in 1991, this 3,248-square-foot commercial property is occupied by a single tenant under an absolute NNN lease. The lease carries a corporate guarantee, has more than 7 years remaining, and includes 3% annual rental increases during the initial term and option period. The tenant operates as Rise Dispensary under Green Thumb Industries.

The property fronts Wesley Chapel Boulevard, which averages 48,000 vehicles per day, and is near direct on/off ramp access to Interstate 75, reporting 91,600 vehicles per day. Site improvements include significant street frontage and a monument sign. The property is also near The Grove at Wesley Chapel, a 471,000-square-foot power center with retailers including Dick’s Sporting Goods, Best Buy, PetSmart, Old Navy, and TJ Maxx. Commercial zoning applies to the property.

Key Highlights

  • Absolute NNN lease with more than 7 years remaining
  • Corporate guarantee from Green Thumb Industries
  • 3% annual rental increases through the initial term and option period

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

677
Businesses Nearby
527k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Shops & Services 28% Apparel 23% Electronics 8%
T.J. Maxx Apparel
54,709 visits/mo 0.5 miles
McDonald's Dining
44,196 visits/mo 0.4 miles
Best Buy Electronics
37,303 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
34,148 visits/mo 0.4 miles
Ross Dress for Less Apparel
33,213 visits/mo 0.4 miles

Demographics for 33543, FL

34,953
Population
14,197
Households
2.5
Avg Household Size
39
Median Age
51%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
1,329
Density / Sq Mi
$107,565
Median Household Income
$55,894
Median Earnings
$2,138
Median Rent
$365,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed occupancy, scheduled rental increases, and direct access to Interstate 75 support the property’s commercial profile.
Where is this nnn property located?
The property is located at 28053 Wesley Chapel Boulevard Wesley Chapel, FL.
What is the asking price?
The asking price for this property is $2,369,000.
What are key features of this property?
This property features: Absolute NNN lease with more than 7 years remaining; Corporate guarantee from Green Thumb Industries; 3% annual rental increases through the initial term and option period
More about this property
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