Catylist ID:
#30423805
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. |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Tax ID/APN: | 20292470C000000000030U |
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
John MilsapsSVN | Coastal Commercial AdvisorsCE-FL Member |
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