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Two-Building Retail Center
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120 E Brandon Blvd, Brandon, FL 33511

Retail center with two buildings, commercial zoning, and exposure to established daily traffic.

Property Size19,839 SF
Price / SF$196.58
Days on Market191

Property Features for 120 E Brandon Blvd

General Information

Standard status Active
Size 19,839 SF
Class A
Property subtype Retail
Zoning CG
Occupancy 90%
Lease Type Net
Net Operating Income $258,393

Building Details

Year Built 1993
Buildings 2
Stories 1
Units 7
Tenancy Multi
Listing Agency: ACRE Expert LLC
Listed By: Drew Attias · License #Florida
Source: Crexi
Added: Apr 7 Changed: Sep 6 Last Checked: Aug 29 at 8:04PM

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 ACRE Expert LLC

Investment Insights

Based on property information with market context.

This retail center comprises two buildings on a 1.89-acre site, with approximately 19,394 rentable square feet within a 19,839-square-foot commercial property. The layout provides multiple retail structures for leasing or ownership under CG zoning. Built in 1993, the property offers a substantial existing commercial footprint along E Brandon Blvd. Traffic exposure is supported by an average daily traffic count of approximately 21,400, adding a measurable access and visibility factor for retail operations.

Key Highlights

  • Two retail buildings on a 1.89‑acre lot
  • Approximately 19,394 rentable sqft
  • 19,839 sqft commercial property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$284,227
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,684,540 $5.7M
Cap Rate 7%
$4,060,386 $4.1M
Cap Rate 9%
$3,158,078 $3.2M
Market Conditions
NOI Build-Up for 19,839 SF
Gross rent
$435.7K $21.96/SF
− Vacancy
−$29.6K −$1.49/SF
EGI
$406.0K $20.47/SF
− OpEx
−$121.8K −$6.14/SF
NOI
$284.2K $14.33/SF
Area
Brandon, FL
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,684,540
Cap Rate 7%
$4,060,386
Cap Rate 9%
$3,158,078

Alternative Uses

Best Use
Retail
$4.06M
$3.55M – $4.74M (±1% cap)
NOI $284,227 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.46M
$6.53M – $8.71M (±1% cap)
NOI $522,416 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

La Familia Latin ... Restaurant La Familia Food ... Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Parking Lot & Garage Garden Center Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,428
Businesses Nearby
258k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 33% Office Supplies 3% Beauty & Spa 1%
Thorntons Shops & Services
37,808 visits/mo 0.4 miles
McDonald's Dining
31,800 visits/mo 0.3 miles
7-Eleven Shops & Services
19,557 visits/mo 0.5 miles
Wendy's Dining
16,917 visits/mo 0.2 miles
Dollar Tree Shops & Services
15,927 visits/mo 0.5 miles

Demographics for 33511, FL

56,627
Population
24,579
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,539
Density / Sq Mi
$77,383
Median Household Income
$44,521
Median Earnings
$1,684
Median Rent
$324,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center with two buildings, commercial zoning, and exposure to established daily traffic.
Where is this strip mall located?
The property is located at 120 E Brandon Blvd Brandon, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Two retail buildings on a 1.89‑acre lot; Approximately 19,394 rentable sqft; 19,839 sqft commercial property
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