For Sale
$4,670,000

101 Hilltop Rd Brandon, FL 33511

High-traffic Chick-fil-A, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a brand-new, 2,656 square-foot Chick-fil-A restaurant situated on a 1.21-acre lot in Brandon, Florida. The property boasts a highly desirable Net Lease (NNN) structure with a 15.1-year lease term commencing June 6, 2024, and expiring June 30, 2039. This translates to a substantial 14.6 years remaining on the lease. The lease includes ten 5-year option periods and features a 10% rent increase every five years, ensuring consistent and inflation-resistant cash flow. The property's strategic location at the hard corner of a signalized intersection of S Hilltop Road and W Brandon Boulevard, with over 83,500 vehicles passing daily, and its proximity to Interstate 75 (143,000 VPD), guarantees exceptional visibility and high traffic volume. The building features a double drive-thru, catering to the demands of a busy location. The surrounding area is densely populated, with over 231,000 residents within a 5-mile radius and an average household income exceeding $89,000. Nearby amenities include the Brandon Mall, Regency Square, and numerous other retail establishments, including major retailers like Walmart, Sam's Club, Costco, and Target. The property also benefits from its proximity to a major hospital and a large apartment complex under construction. The current Net Operating Income (NOI) is $175,000, resulting in a 3.75% cap rate. The asking price for this exceptional investment is $4,670,000.

Highlights

  • Brand-new, 2,656 square-foot Chick-fil-A restaurant on a 1.21-acre lot in Brandon, Florida.
  • Absolute NNN ground lease with a 15-year primary term and ten 5-year options; 10% rent increases every five years.
  • 2,656 SF QSR building with double drive-thrus, constructed in 2024.
  • Located on a hard corner, signalized intersection with 83,500 VPD, 1.5 miles from I-75 (143,000 VPD).
  • Strong demographics: over 231,000 residents within a 5-mile radius, average household income exceeding $89,000.

Property Details for 101 Hilltop Rd

Property type
Retail properties
Square Feet
2,656 SF
Lot Size (sq. ft)
52,708 SF

Location Insight

City
Brandon
County
Hillsborough
State
Florida
Latitude
27.9372538
Longitude
-82.3060774

FAQs

What type of property is this?
Retail property - High-traffic Chick-fil-A, strong ROI.
Where is the retail property located?
The property is located at 101 Hilltop Rd Brandon, FL.
What is the asking price?
The asking price for this property is $4,670,000.
What are key features of this property?
This property features: Brand-new, 2,656 square-foot Chick-fil-A restaurant on a 1.21-acre lot in Brandon, Florida.; Absolute NNN ground lease with a 15-year primary term and ten 5-year options; 10% rent increases every five years.; 2,656 SF QSR building with double drive-thrus, constructed in 2024.
How can I contact the broker?
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101 Hilltop Rd
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