Restaurant Investment
10509 Gibsonton Dr, Riverview, FL 33578
Call to check price and availability
NNN leased Ruby Tuesday outparcel to Lowe's with corporate guarantee.
Type:Retail
Property size:
4,675 SFLot size:
1.90 AcresPrice / SF:
$755/SF- Added:
- Nov 18, 2025
- Days on Market:
- 176
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 10509 Gibsonton Dr
General Information
- Standard status
- Active
- Size
- 4,675 SF
- Lot size
- 1.90 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agent Jake Lurie License #SL3510801
Listing office Matthews (813) 488-0853
Listing date Nov 18, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Matthews
HighLights
- 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.
- Attractive Rental Increases: 10% rent increases every five years (including options), with the next increase on January 1st, 2028, bringing the cap rate to 7.15%.
- Lowe’s Outparcel: Benefits from consistent customer traffic driven by a nationally recognized brand.
- High Traffic Location: Positioned on Gibsonton Drive (±15,600 VPD) with immediate access to I‑75 and surrounded by national retailers.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
MrBeast Burger
Restaurant
Wow Bao
Restaurant
Libby's BBQ
Restaurant
Ruby Tuesday
Restaurant
Location Insight
- Map
- Local Demand
- City
- Riverview
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.330195
- Latitude
- 27.856412
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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 is the asking price?
The asking price for this property is $3,531,372.
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.
