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27312894
27312895

7459 Gall Blvd, Zephyrhills, FL 33541

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
KF
NY 10401281546, NJ 2441197
SRS Real Estate Partners New York
BR
NY 10491212709
SRS Real Estate Partners New York
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners New York
$3,900,000
52 days on market
Updated 52 days ago

NNN LongHorn Steakhouse - Tampa (Zephyrhills), FL

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,780
Cap Rate 5%
NOI $195,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chipotle, Outback Steakhouse (+1)
Lease Type Absolute NNN
Lease Term 10
Remaining Term 10
Rent Bumps Yes
Lease Options 4 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 1.560
Zoning C2: Community Commercial
Parking Spaces 109 spaces
Parking per 1,000 SqFt 18.86
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease Yes
Ownership Ground Lease
Sale Condition 1031 exchange

New Construction | Absolute NNN (Ground Lease) | 10% Increases Every Five Years

Marketing description

Introducing an exceptional investment opportunity in a prime location! The LongHorn Steakhouse property in Zephyrhills, Florida presents a single-tenant absolute NNN ground lease with a brand-new construction. Boasting a flourishing population growth of 5.24% annually, this property is part of a larger retail development in the heart of a rapidly expanding community within the Tampa MSA. Featuring a modern 5,780 SF space on a spacious 1.56 AC land area, this property offers a long-term lease with LongHorn Steakhouse, a renowned national brand with over 600 locations across the country. The attractive lease terms include a 10-year initial lease with four 5-year extension options, providing a secure income stream. With 10% rental increases every 5 years and a high-quality tenant committed to the site, this investment opportunity is positioned for strong returns and sustained growth. Don't miss out on the chance to own a prime commercial asset in a high-demand area with substantial potential for long-lasting success!

Investment highlights

  • 10-year ground lease with 10% rent increases every 5 years and four, five-year renewal options

  • Brand new 2024/25 construction on large 1.56 acre parcel

  • LongHorn is part of a larger retail development that includes McDonald’s, Extra Space Storage, Take 5, and Radiant Express Car Wash

  • High traffic counts fronting Gall Blvd (35,500 VPD)

  • Positioned between Merchants Square Shopping Center and a Walmart Supercenter (175,800 SF) - Walmart ranked in the 87th percentile and adjacent Publix ranks 76th percentile according to Placer.AI

  • Adjacent to newly built Illumina Zephyrhills, a 252-unit apartment building completed in 2024

  • AdventHealth Zephyrhills Hospital (150 beds) less than 1-mile away

  • Zephyrhills is currently growing at a rate of 5.24% annually and its population has increased by 16.57% since the most recent census

Listing Contacts

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
KF
NY 10401281546, NJ 2441197
SRS Real Estate Partners New York
BR
NY 10491212709
SRS Real Estate Partners New York
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners New York

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$195,000.00
$16,250.00/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Zoning

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C2 CommercialGeneral CommercialCommunity Commercial
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
William Wamble
License
SL3257920
Name
Patrick Nutt
License
BK3120739
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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