Matthews Real Estate Arranges $18 Million Sale of Sprouts-Occupied Property in Tampa

The property, which was constructed in 2017, is leased to Sprouts for 15 years. The property, which was constructed in 2017, is leased to Sprouts for 15 years.

Tampa, Fla. — Matthews Real Estate Investment Services has arranged the $18 million sale of a retail property leased to Sprouts Farmers Market in Tampa.

Aron Cline of Matthews Real Estate represented the seller and procured the Southern California-based buyer in the transaction. Other terms of the deal were not disclosed. The property, which was constructed in 2017, is leased to Sprouts for 15 years with four, five-year renewal options. The store is located near tenants such as Trader Joe’s, Whole Foods Market, Publix, Target, TJ Maxx, Total Wine & Beer and HomeGoods. Sprouts Farmers Market is a Phoenix-based organic grocer with more than 285 stores located throughout 13 states.

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