101 Hilltop Rd, Brandon, FL 33511
2,656 SF | 4-Star Retail Building | Brandon, FL 33511 | $4,670,000 ($1,758/SF) | 3.75% Cap Rate
For Sale
Active
5 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $4,670,000
- Property Type
-
Retail
- Square Feet
- 2,656 SF
- Price / Square Foot
- $1,758
Listing Contacts
Eric Carlton
Verified Profile
Jereme Snyder
Verified Profile
Michael Milano
Verified Profile
- Property Info
Property Overview
The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a Chick-fil-A corporate ground lease in the Tampa, FL MSA. The new long term absolute NNN ground lease has a 15-year primary term with ten 5-year option periods, 10% rent increases every 5 years and no landlord responsibilities, providing inflation resistant income for years to come.
The 2,656 SF quick service restaurant with double drive-thru’s on a 1.21-acre parcel is strategically positioned on the hard corner signalized intersection of S Hilltop Road and W Brandon Boulevard, which sees over 83,500 VPD, and is only 1.5 miles away from Interstate 75 (143,000 VPD). The subject property is within close proximity of numerous retail attractions including the Brandon Mall (1.1M SF super regional mall), Regency Square, Lake Brandon Village, Lake Brandon Plaza and Brandon Centre South with major retailers including Walmart Supercenter, Sam’s Club, Costco, Target, Lowe’s Home Improvement, Walgreens, McDonald’s, Starbucks, Wendy’s, Taco Bell and countless others.
Brandon, a popular suburb of Tampa, which has an MSA population exceeding 3.3 million, is only 11 miles from downtown. This is an excellent opportunity to own a corporate Chick-fil-A with a 15-year ground lease, 50 years in option periods, rent increases every 5 years, and no landlord responsibilities providing passive, worry free cash flows for years to come.
The 2,656 SF quick service restaurant with double drive-thru’s on a 1.21-acre parcel is strategically positioned on the hard corner signalized intersection of S Hilltop Road and W Brandon Boulevard, which sees over 83,500 VPD, and is only 1.5 miles away from Interstate 75 (143,000 VPD). The subject property is within close proximity of numerous retail attractions including the Brandon Mall (1.1M SF super regional mall), Regency Square, Lake Brandon Village, Lake Brandon Plaza and Brandon Centre South with major retailers including Walmart Supercenter, Sam’s Club, Costco, Target, Lowe’s Home Improvement, Walgreens, McDonald’s, Starbucks, Wendy’s, Taco Bell and countless others.
Brandon, a popular suburb of Tampa, which has an MSA population exceeding 3.3 million, is only 11 miles from downtown. This is an excellent opportunity to own a corporate Chick-fil-A with a 15-year ground lease, 50 years in option periods, rent increases every 5 years, and no landlord responsibilities providing passive, worry free cash flows for years to come.
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Lot Size (sq. ft)
- 52,708 SF
Highlights
- Brand New 15 Yr. Absolute NNN Ground Lease by Chick fil A Inc. – Plus 10/5 Yr. Options - Opens Soon!
- High Profile Hard Corner along Hwy 60 (83,500 CPD) - Surrounded by Major Retailers/Brandon H.S.
- Generational Opportunity to Purchase Iconic American Brand! - Irreplaceable Dense Infill Trade Area
- 2024 Double Drivethru Prototype - 10% Rent Bumps every 5 Yrs. - Zero LL Duties - Strong Guarantee
- High Net Worth Coastal Suburb of Tampa Bay - Major Business Hub of Florida - Huge Population Growth
- Surrounded by Target/Walmart/Publix and near Brandon Mall - Just off Interstate 75 (Main Corridor)
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