2874 Providence Lakes Blvd - Restaurant FOR SALE


Brandon, FL 33511
$3,601,000 USD
727-452-6864
2874 Providence Lakes Blvd, Brandon, FL for Sale
$3,601,000 USD
Restaurant - FOR SALE
1/5
null | 6% Cap Rate

2874 Providence Lakes Blvd
Brandon, FL 33511


HIGHLIGHTS

  • The property is 100% occupied by two tenants: World of Beer and KidsPark. Both tenants are on NNN leases, providing owners with stable cash flow
  • KidsPark’s 10-year lease demonstrates strong commitment to the location and provides owners with stable, long-term cash flow throughout the lease term
  • This World of Beer location ranks in the top 20% of all World of Beer locations in the country by visits/SF according to Placer.ai
  • The asset is located off the intersection of Providence Lakes Boulevard and Causeway Boulevard in Brandon, FL with a combined AADT of 48,200
  • The property is 0.5 miles from I-75 and Selmon Expressway, a major west Florida thoroughfare connecting east Hillsborough to St. Petersburg.
  • 15,837 population within a 1-mile radius

FOR SALE DETAILS

PRICE

$3,601,000 USD

PRICE/SF

$532 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

PD

APN/PARCEL ID

072304-0513

ASK ABOUT THIS PROPERTY

Ari RaviRipco Real EstateMore Info
727-452-6864

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Ari RaviRipco Real EstateMore Info
727-452-6864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.