187 South Gornto Lake Road Retail
  • Asking Price
    $3MAsking Price
  • Cap Rate
    7.55%Cap Rate
  • Price/SF
    $2,473.03Price/SF
  • Gross Leasable Area
    1,211 SFGross Leasable Area
  • Traffic Count
    82173Traffic Count
  • NOI
    $226KNOI

Description

187 South Gornto Lake Road is a single-tenant, drive-thru retail investment for sale in Brandon, FL, within the Brandon (Tampa MSA) submarket. The 2025 property pairs a 1,211 SF gross leasable area with 82,173 AADT, putting visibility at the center of its investment case.

The property occupies 1.22 acres and has surface parking with 13 spaces, a drive-thru and pylon signage. Together, those features support the customer access and visibility that matter to a quick-service retail operator. The site’s area is substantial relative to the building’s compact footprint, while the drive-thru gives the tenant a service format beyond the interior space. For an investor, the physical offering is straightforward: a recently built, fully occupied retail property with an operating format, parking and signage suited to its existing use.

The asking price is $2,994,795, or $2,473.03 PSF, with a 7.55% cap rate and $226,107 in NOI. In-place rents are $226,107/year, and the property has 14.9 years of weighted average lease term under an Absolute Net lease. Those terms give a buyer a defined income stream to underwrite alongside the drive-thru format and the property’s 100% occupancy. The opportunity is to acquire a fee simple interest in a single-tenant retail asset whose lease term, current income and site features are central to the investment case.

Offering Summary

  • Asking Price
    $2,994,795
  • Price PSF
    $2,473.03
  • Property Type
    Retail
  • Size
    1,211 SF
  • Occupancy
    100%
  • Properties
    1
  • Built
    2025
  • Parking
    13
  • Total Acres
    ~1.22 ac

Sale Details

  • Walt
    14.90 Years
  • Cap Rate
    7.55%
  • NOI
    $226,107

Documents

Property Address

187 South Gornto Lake Road
Brandon, FL 33510

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2025
  • Total Parking
    13
  • Tenancy
    Single
  • Amenities
  • Lease Type
    Absolute Net
  • Ownership Interest
    Fee Simple
  • Gross Leasable Area
    1,211 SF
  • Traffic Count
    82,173 AADT
  • Acres
    1.22

Deal Team

Zandy Smith profile image

Zandy Smith

Partner
CP Partners