2874 Providence Lakes Boulevard, Brandon, FL, USA

Brandon, Florida

Google Map

Total Square Feet

±6,715 SF

Total Acreage

±1.09 AC

Asking Price

$3,601,000

NOI

$216,039

CAP Rate

6.00%

The property is 100% occupied by two tenants: World of Beer and KidsPark. Both tenants are on NNN leases, providing owners with stable cash flow
KidsPark recently signed a 10-year lease, showing a high level of dedication to this location. The long lease term provides owners with consistent cash flow over the occupancy period
This World of Beer location ranks in the top 20% of all World of Beer locations in the country by visits/SF according to Placer.ai
asset is located off the intersection of Providence Lakes Boulevard and Causeway Boulevard in Brandon, FL with a combined AADT of 48,200
The property is located 0.5 miles from the intersection of I-75 (191,500 AADT) and Selmon Expressway (91,000 AADT). The Selmon Expressway is one of the primary thoroughfares in west Florida, connecting east Hillsborough to St. Petersburg, FL
According to Placer.ai, the adjacent Lake Brandon Plaza and Lake Brandon Village have a combined 5.7 million annual visitors, driving customers to the immediate area
15,837 population within a 1-mile radius
$87,846 average household income within a 1-mile radius