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33880093
33880085

828 PROVIDENCE RD, BRANDON, FL 33511

BB
FL 3327646, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
NY
MI 6501447447
Encore Real Estate Investment Services
Listed by Bang Realty, Encore Real Estate Investment Services
$2,300,000
8 days on market
Updated 8 days ago

Pollo Tropical

Details
APN 71894.0058
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,867
Units 1
Cap Rate 5.43%
NOI $125,000
Occupancy 100%
Tenancy Single
Brand/Tenant Pollo Tropical
Lease Type Net
Lease Term 15
Lease Expiration 07/21/2028
Remaining Term 2.1
Rent Bumps Yes
Lease Options Five (5) - Five (5) Year Options
Price per SqFt $595
Year Built 2004
Stories 1
Acreage 0.930
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/22/2013
Ground Lease No

Absolute Net Lease | Tampa, MSA | High Barrier To Entry Market | Actual Property Photos Take 05/27/2

Marketing description

Pollo Tropical at 828 Providence Rd, Brandon, FL 33511 is a compelling net-leased investment opportunity in one of the Tampa MSA’s most established and supply-constrained retail corridors. This 3,867 SF drive-thru restaurant sits on 0.93 acres at the lighted intersection of Providence Road and Town Center Boulevard, offering outstanding visibility, convenient access, and strong consumer traffic.

The asset is leased on an absolute NNN basis with zero landlord responsibilities, providing passive ownership appeal. The current corporate-guaranteed lease runs through July 2028 and features 10% rent increases every five years, plus five additional 5-year renewal options. Positioned just 1.5 miles from I-75, the property benefits from excellent regional connectivity and proximity to Brandon’s dominant retail corridor.

Surrounding national retailers include Target, Publix, Costco, Walmart Supercenter, Sam’s Club, Aldi, Sprouts, Chick-fil-A, Kohl’s, and the 1.1 million-square-foot Brandon Exchange Mall. The location is supported by dense and affluent demographics, with more than 100,000 residents within 3 miles and average household income approaching $94,000 within 5 miles, making this an attractive long-term investment in a high-barrier-to-entry market.

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

BB
FL 3327646, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
NY
MI 6501447447
Encore Real Estate Investment Services
Listed by Bang Realty, 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

0
DSCR
5.43%
Cap Rate
5.43%
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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Additional Information

Name
Brian Brockman
License
3327646
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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