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10509 Gibsonton Dr Riverview, FL 33578

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NNN leased Ruby Tuesday outparcel to Lowe's with corporate guarantee.

Property size:
4,675 SF
Lot size:
1.90 Acres

Property Features for 10509 Gibsonton Dr

General Information

Standard status
Active
Zoning
CG
Size
4,675 SF
Lot size
1.90 Acres

Building Details

Year built
2006

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Listing Contact
Jake Lurie
Source: Crexi

Listing Agency: Matthews Listing Agent: Jake Lurie

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Restaurant Investment Opportunity

This property is an outparcel to a busy Lowe’s, which drives consistent customer traffic. The property benefits from strong traffic flow in a dense retail corridor. The building is approximately 4,675 square feet and sits on an approximately 1.90-acre parcel with 93 parking spaces. It is positioned on Gibsonton Drive with access to I-75. The location is surrounded by national retailers, including Walmart Supercenter, ALDI, Wawa, Starbucks, Cracker Barrel, and Chick-fil-A. Chipotle and Dutch Bros are breaking ground soon on another out-parcel. The property is located in Riverview, one of the fastest-growing submarkets in the Tampa MSA. The lease is structured as an absolute NNN, offering passive income with no landlord maintenance obligations. Ruby Tuesday, a national American restaurant, has approximately 12.1 years remaining on their current term with four 5-year renewal options. The lease is backed by RUBY TUESDAY, INC. The lease includes 10% rent increases every five years, including options. The next increase occurs on January 1st, 2028.
Location Intelligence

Current Use by Public Records

MrBeast Burger Restaurant Wow Bao Restaurant Libby's BBQ Restaurant Ruby Tuesday Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Riverview
County
Hillsborough
State
Florida
Longitude
-82.330195
Latitude
27.856412

FAQs

What type of property is this?
Conventional restaurant - NNN leased Ruby Tuesday outparcel to Lowe's with corporate guarantee.
Where is this conventional restaurant located?
The property is located at 10509 Gibsonton Dr Riverview, FL.
What are key features of this property?
This property features: - Absolute NNN Lease: Offers passive income with zero landlord responsibilities.; - Long-Term Tenant: Ruby Tuesday has ±12.1 years remaining on the lease with four 5-year renewal options.; - Corporate Guarantee: Lease is backed by RUBY TUESDAY, INC., providing financial stability.
More about this property
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