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7408 East Hillsborough Avenue

Stefan Grosfeld Of Triarch Capital Group Acquires Retail Asset In Tampa For $5.37M
SOLDRetail

Stefan Grosfeld Of Triarch Capital Group Acquires Retail Asset In Tampa For $5.37M

7408 East Hillsborough Avenue

$5,370,750

$880/SF

Building Size

6,100 SF

Asset Type

Retail

Closing

Dec 17, 2025

AI

The retail asset located at 7408 East Hillsborough Avenue in Tampa was sold for $5,370,750. The property encompasses a total area of 6,100 square feet, resulting in a price per square foot of $880.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,370,750
  • Address: 7408 East Hillsborough Avenue
  • Market: Tampa
  • Square Footage: 6,100
  • Price Per Square Foot: $880
  • Buyer: Stefan Grosfeld - Triarch Capital Group
  • Seller: Sam Gee
  • Seller's Representative: Nathan Timmons, Ari Ravi, Kevin Louie & Stephen R. Preuss Sr. - Ripco

This transaction involved key figures including the buyer, Stefan Grosfeld, associated with Triarch Capital Group, who acquired the property from seller Sam Gee. The seller was represented by a team from Ripco comprising Nathan Timmons, Ari Ravi, Kevin Louie, and Stephen R. Preuss Sr.

Players

Kevin Louie

Ripco

Broker

$1B

vol

126 deals

Broker
Ripco
RipcoBrokerage
Stefan Grosfeld

Stefan Grosfeld

Triarch Capital Group

Buyer

$152.3M

vol

11 deals

Buyer

Tampa Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.95%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93