Former Ruby Tuesday

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30423805
Property Subtypes: Restaurant
Status: Pending/Contingent
Building Size (RSF): 5,768 SF
Gross Building Area: See Agent
Sale Price: $1,950,000
Unit Price: $338.07 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 4/9/2021

Overview / Comments

1812 E Brandon Boulevard (the “Property”) is a ±5,768 SF former Ruby Tuesday restaurant in Valrico, Florida.

Constructed in 2004, the Property consists of a freestanding restaurant building situated on ±1.44-acre parcel. The site features ample parking and excellent visibility from Highway 60, a highly trafficked east–west route with nearly 60,000 vehicles per day (VPD). Furthermore, this offering includes all FF&E. Ruby Tuesday vacated on May 1, 2019, allowing for new owners to come in with a new concept and turn-key build out.

The Property is located within a busy retail corridor of the East Hillsborough submarket. The site is positioned near numerous national credit tenants, including the adjacently-located Cracker Barrel and LA Fitness, and across the street from a recently renovated Publix. In addition, a new self storage facility is currently under construction behind Property. As of 2020, the Property’s demographics have ±83,902 individuals residing within a 3-mile radius, with an average household income of ±$84,236. In the same year, the total specified consumer spending within a 3-mile radius of the Property accounts for ±$802,376, and there are ±3,721 businesses and ±26,594 employees.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 20292470C000000000030U

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,046 95,215 192,573
Median Age: 39.61 38.78 37.35
Households: 4,835 34,711 71,384

Contact

Photograph of Listing Agent

John Milsaps

SVN | Coastal Commercial Advisors
CE-FL Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Exchange Florida nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.