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Multi-Tenant Strip Center
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1403-1419 W Brandon Blvd, Brandon, FL 33511

Infill retail property with established tenancy and lease terms extending nearly four years on average.

Property Size11,085 SF
Lot Size1.00 Acre
Price / SF$405.95
Days on Market55

Property Features for 1403-1419 W Brandon Blvd

General Information

Standard status Active
Size 11,085 SF
Lot size 1.00 Acre
Property subtype RETAIL

Additional Details

Traffic Count 73,500 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Colliers | Tampa
Listed By: Mike Milano · License #SL3335080
Source: Moodyscre
Added: Aug 20 Changed: Oct 9 Last Checked: Oct 12 at 7:42PM

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 Colliers | Tampa

Investment Insights

Based on property information with market context.

This multi-tenant strip center contains ±11,085 SF on a ±1.00-acre infill parcel. The property is occupied by multiple tenants, with a weighted average lease term of nearly 4 years and embedded rent growth. Approximately 50% of tenants with renewal options have no pre-set option rents.

Positioned along State Road 60 in Brandon, the center benefits from a location reporting 73,500+ VPD. National traffic drivers in the surrounding area include Chick-fil-A, Whataburger, Portillo's, Dunkin', and Mission BBQ. The trade area includes 104,775+ residents within 3 miles and a daytime population of 101,994+, with 660 new residential units planned within 0.7 miles.

Key Highlights

  • ±11,085 SF multi‑tenant strip center on a ±1.00‑acre infill parcel
  • 73,500+ VPD along State Road 60 in Brandon
  • Weighted average lease term of nearly 4 years with embedded rent growth

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$158,812
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,176,240 $3.2M
Cap Rate 7%
$2,268,743 $2.3M
Cap Rate 9%
$1,764,578 $1.8M
Market Conditions
NOI Build-Up for 11,085 SF
Gross rent
$243.4K $21.96/SF
− Vacancy
−$16.6K −$1.49/SF
EGI
$226.9K $20.47/SF
− OpEx
−$68.1K −$6.14/SF
NOI
$158.8K $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%
$3,176,240
Cap Rate 7%
$2,268,743
Cap Rate 9%
$1,764,578

Alternative Uses

Best Use
Retail
$2.27M
$1.99M – $2.65M (±1% cap)
NOI $158,812 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.17M
$3.65M – $4.86M (±1% cap)
NOI $291,899 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Catering Service Pharmacy

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

Lease Details

73,500 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,068
Businesses Nearby
394k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 35% Dining 30% Apparel 16% Groceries 11%
Wawa Shops & Services
66,980 visits/mo 0.5 miles
Burlington Apparel
55,949 visits/mo 0.3 miles
Publix Groceries
43,819 visits/mo 0.4 miles
Mobil Shops & Services
23,088 visits/mo 0.4 miles
Dunkin' Donuts Dining
20,847 visits/mo 0.1 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

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

What type of property is this?
Strip mall - Infill retail property with established tenancy and lease terms extending nearly four years on average.
Where is this strip mall located?
The property is located at 1403-1419 W Brandon Blvd Brandon, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: ±11,085 SF multi‑tenant strip center on a ±1.00‑acre infill parcel; 73,500+ VPD along State Road 60 in Brandon; Weighted average lease term of nearly 4 years with embedded rent growth
(727) 421-4377 Call to check price and availability
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