Absolute NNN Restaurant
New
For Sale
$7,045,950
11950 Sheldon Rd, Tampa, FL 33626
Renovated in 2021 and backed by a long-term absolute NNN lease with renewal options.
Property Size12,654 SF
Price / SF$556.82
Days on Market4
Property Features for 11950 Sheldon Rd
General Information
Standard status
Active
Size
12,654 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
6%
Amenities
Rare Bloomin Brands Guaranty with 2025 Revenue of $3.98 Billion in Sales
Prime Tampa Location on Hard Signalized Corner
2 National Tenants on one large 2.53 Acre Parcel
Building Details
Building Size
12,654 SF
Year Renovated
2021
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(954) 245-3595
Listed By:
Alan Lipsky · License #License(s): FL: SL3279054
(954) 245-3595
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 4:43AM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
This 12,654-square-foot restaurant property at 11950 Sheldon Road in Tampa was renovated in 2021. The asset is subject to an absolute NNN lease with 7 years remaining through July 31, 2033, along with 1.0% annual increases and four 5-year renewal options. Lease obligations are guaranteed by Bloomin’ Brands, Inc.
The property occupies a hard signalized corner within a Tampa infill trade area. More than 210,000 people live within a 5-mile radius, and average household income in that area exceeds $115,000. The location is also 10 miles from Bloomin’ Brands’ corporate headquarters.
The property occupies a hard signalized corner within a Tampa infill trade area. More than 210,000 people live within a 5-mile radius, and average household income in that area exceeds $115,000. The location is also 10 miles from Bloomin’ Brands’ corporate headquarters.
Key Highlights
- 12,654‑square‑foot restaurant property at 11950 Sheldon Road, Tampa, FL 33626
- Absolute NNN lease with 7 years remaining through July 31, 2033
- 1.0% annual rent increases and (4) 5‑year renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 31%
Home Improvements & Furnishings 6%
Outback Steakhouse
Dining
14,519 visits/mo
0.1 miles
Shell
Shops & Services
12,447 visits/mo
0.4 miles
Carrabba's Italian Grill
Dining
8,217 visits/mo
0.0 miles
SUBWAY
Dining
4,486 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,894 visits/mo
0.2 miles
Demographics for 33626, FL
31,875
Population
12,392
Households
2.6
Avg Household Size
39
Median Age
64%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
2,591
Density / Sq Mi
$123,580
Median Household Income
$72,888
Median Earnings
$2,127
Median Rent
$506,600
Median Home Value
Market
Vacancy Rate% for Retail in Tampa, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Renovated in 2021 and backed by a long-term absolute NNN lease with renewal options.
Where is this nnn property located?
The property is located at 11950 Sheldon Rd Tampa, FL.
What is the asking price?
The asking price for this property is $7,045,950.
What are key features of this property?
This property features: 12,654‑square‑foot restaurant property at 11950 Sheldon Road, Tampa, FL 33626; Absolute NNN lease with 7 years remaining through July 31, 2033; 1.0% annual rent increases and (4) 5‑year renewal options
