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10509 Gibsonton Dr
Riverview, FL 33578 Southeast Tampa

$3,531,372 USD

Restaurant For Sale  •  4,675 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,675 SF
  • Lot Size 1.9 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning PD
0 Transit Score
57 Walk Score

Highlights

Absolute NNN Lease: Zero Landlord Responsibilities: The lease is structured as an absolute NNN, offering passive income with no landlord maintenance.
Large ±1.90-Acre Parcel: Positioned on a highly desirable parcel with excellent frontage and visibility.
Lowes Outparcel: Lowe’s-Anchored Location – Outparcel to a busy Lowe’s, driving consistent customer traffic.
Established Tenant with Long-Term Commitment: Ruby Tuesday, a popular national American restaurant, has ±12.1 years remaining.
Corporate Guarantee: Lease backed by RUBY TUESDAY, INC., providing strong credit and financial stability.
Attractive Rental Increases: The lease includes 10% rent increases every five (5) years (including options).
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Ruby Tuesday 12/31/2037

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Tampa International 35 min - 23.4 mi
St Pete-Clearwater International 52 min - 33.5 mi
Sarasota/Bradenton International 57 min - 40.0 mi
Jake Lurie 813-488-0853 Matthews Real Estate Investment Services
Jake Lurie 813-488-0853 Matthews Real Estate Investment Services