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33285030
33285027

828 Providence Rd, Brandon, FL 33511

NY
MI 6501447447
Encore Real Estate Investment Services
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$2,400,000
18 days on market
Updated 18 days ago

POLLO TROPICAL

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,867
Cap Rate 5.21%
NOI $125,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/21/2028
Remaining Term 2.1
Rent Bumps Yes
Lease Options Five (5) Year Options
Price per SqFt $621
Year Built 2004
Acreage 0.930
Zoning IPD-2
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/22/2013
Ground Lease No
Ownership Fee Simple

Retail | 5.21% CAP | 3,867 SqFt

Marketing description

Strategically positioned in the affluent suburb of Brandon, Florida, the property is located within one of the most established and heavily trafficked retail corridors in the Tampa MSA's eastern suburban market. Situated along Providence Road near the signalized intersection of Town Center Boulevard, the site benefits from excellent visibility, strong traffic counts, and immediate access to a dense concentration of national retailers, restaurants, residential communities, and daily needs drivers.

The property is located within Hillsborough County, one of the fastest-growing and most economically significant counties in the State of Florida. Hillsborough County is home to more than 1.5 million residents and serves as a major employment, healthcare, logistics, and consumer hub for the greater Tampa Bay region. The area continues to experience sustained population growth, strong household formation, and ongoing residential and commercial development, reinforcing long-term demand fundamentals for retail real estate.

Strategically positioned approximately 1.5 miles from Interstate 75, the property offers direct regional connectivity throughout the Tampa MSA, including convenient access to Downtown Tampa, Riverview, Wesley Chapel, Lakeland, Sarasota, and the broader West Florida corridor. The surrounding trade area is characterized by affluent demographics, strong daytime population, and a highly developed retail infrastructure that continues to attract national tenants, investors, and consumers alike.

Brandon has long been recognized as one of the premier suburban retail markets within the Tampa Bay area due to its dense population base, limited developable land, strong consumer spending patterns, and high barriers to entry for new retail development. The immediate corridor is anchored by a wide array of national retailers, restaurants, medical users, and entertainment destinations, driving consistent traffic to the area throughout the day.

Investment highlights

  • Absolute NNN Lease | ZERO LL Responsibilities
  • 3,867/SF Drive-Through Equipped Building On 0.93 Acres
  • 10% Rent Increases Every Five Years
  • Over 2 Years Remaining On The Original 15-Year Lease Term | Five (5) Additional Five (5) Year Renewal Options
  • Excellent Visibility At The Lighted Intersection Of Town Center Blvd and Providence Rd
  • Located In Hillsborough County | Infill, Supply-Constrained Market - Limited Developable Land | High Barrier To Entry Market
  • Densely Populated Area | Over 15,447 People Within 1 Mile | 105,000 Within 3-Miles | 250,786 Within 5-Miles
  • Strategically Positioned Approximately 1.5 Miles From The Interstate 75 On/Off Ramp, Providing Direct Connectivity Throughout The Tampa MSA and Convenient Regional Access To Downtown Tampa, Sarasota, and The Greater West Florida Corridor
  • Outparcel Position Within Brandon's Dominant Regional Retail Corridor, Driving Strong Visibility, Accessibility, And Consumer Traffic Patterns
  • Located Within One Of The Tampa MSA's Premier Retail Trade Corridors With Strong Daytime Traffic And Retail Synergy
  • Affluent East Tampa Suburb | Average Household Income In A 5-Mile Radius Exceeds $98,000
  • Located Approximately 12 Miles From Downtown Tampa, Providing Access To One Of Florida's Largest Employment, Entertainment, and Economic Hubs
  • Neighboring Retailers Include: Brandon Exchange Mall 1.1 Million Square Foot Mall, Aldi, Sprouts, Chick-fil-A, Total Wine, Sam's Club, Target, Publix, Walmart Supercenter, Costco, Kohl's and Many More

Listing Contacts

NY
MI 6501447447
Encore Real Estate Investment Services
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$125,000.00
$10,416.67/mo

Valuation Metrics

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DSCR
5.21%
Cap Rate
5.21%
ROI

Map

Zoning

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IPD-2 PlannedInterstate Planned Development
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Last updated Mar 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
BK3327646
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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