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

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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


Photograph of Listing Agent

John Milsaps

SVN | Coastal Commercial Advisors
CE-FL Member
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