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
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