Five-Tenant Retail
For Sale
Contact for pricing
1207 W Brandon Blvd, Brandon, FL 33511
Two-building retail asset with an established multi-tenant configuration.
Property Size13,000 SF
Price / SF$218.46
Days on Market141
Property Features for 1207 W Brandon Blvd
General Information
Standard status
Active
Size
13,000 SF
Total Parking Spaces
44
Property subtype
Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$212,814
Building Details
Year Built
1986
Buildings
2
Stories
1
Units
5
Tenancy
Multi
Listing Agency:
MavRealty
Listed By:
Michael Hendzel · License #BK3107993
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 9:37PM
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 MavRealty
Investment Insights
Based on property information with market context.
This retail property contains two buildings totaling 13,000 square feet and supports five tenant spaces. Constructed in 1986, the asset offers a multi-tenant layout suited to retail occupancy and ongoing commercial use.
The property is located at 1207 W Brandon Blvd in Brandon, Florida, within the 33511 ZIP code. Its two-building configuration provides separate physical structures within one retail property.
The property is located at 1207 W Brandon Blvd in Brandon, Florida, within the 33511 ZIP code. Its two-building configuration provides separate physical structures within one retail property.
Key Highlights
- 13,000 SF of retail space
- Two‑building property configuration
- Five‑tenant retail layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$186,247
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,724,940
$3.7M
Cap Rate 7%
$2,660,671
$2.7M
Cap Rate 9%
$2,069,411
$2.1M
Market Conditions
NOI Build-Up for 13,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$285.5K $21.96/SF
− Vacancy
−$19.4K −$1.49/SF
EGI
$266.1K $20.47/SF
− OpEx
−$79.8K −$6.14/SF
NOI
$186.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,724,940
Cap Rate 7%
$2,660,671
Cap Rate 9%
$2,069,411
Alternative Uses
Best Use
Retail
$2.66M
$2.33M – $3.10M
NOI $186,247 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.89M
$4.28M – $5.71M
NOI $342,326 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
472k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Superstores 26%
Home Improvements & Furnishings 20%
Shops & Services 12%
Walmart
Superstores
122,251 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
51,617 visits/mo
0.2 miles
Chick-fil-A
Dining
45,602 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
39,140 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
24,245 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two-building retail asset with an established multi-tenant configuration.
Where is this retail space located?
The property is located at 1207 W Brandon Blvd Brandon, FL.
What is the asking price?
The asking price for this property is $2,840,000.
What are key features of this property?
This property features: 13,000 SF of retail space; Two‑building property configuration; Five‑tenant retail layout
