Florida Investor Acquires 9,222 Square Foot Retail Property In Wesley Chapel For $7.89M

A Florida-based investor paid $7.89 million in an all-cash deal for a three-tenant retail property located at 7597–7605 Triumph Ridge Point in Wesley Chapel, Florida. This newly built asset spans 9,222 square feet and is situated on 1.12 acres. The property is fully leased to Heartland Dental, GoodVets, and Ann's Salon & Spa, each operating under new 10-year leases.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,890,000
• Square Footage: 9,222
• Address: 7605-7597 Triumph Ridge Point
• Market: Wesley Chapel, FL
• Price Per Square Foot: $856
• Brokers: William Wamble, Patrick Nutt & Connor Barton - SRS Real Estate Partners

SRS Real Estate Partners represented the seller, who is a Florida-based developer and investor in the transaction involving the property at Triumph Ridge Point.