101 Hilltop RdBrandon, FL 33511

  • Retail properties
  • 2,656 SF
For Sale
$4,670,000 View listing

Property Details for 101 Hilltop Rd

Lot size
1.21 AC
Property size (Sq ft)
2,656 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

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.

101 Hilltop Rd, Brandon, Florida

Location Insight

City
Brandon
County
Hillsborough
State
Florida
Latitude
27.9373
Longitude
-82.3061

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].