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Drive-Through Restaurant Site
For Sale
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Pending

1615 E Hillsborough Ave, Tampa, FL 33610

Corner property opposite a Super Walmart Center with frontage along Hillsborough Avenue.

Property Size594 SF
Days on Market271

Property Features for 1615 E Hillsborough Ave

General Information

Standard status Pending
Size 594 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease

Building Details

Year Built 1989
Buildings 1
Tenancy Single
Listing Agency: Investment Real Estate Associates
Listed By: Chris Thompson · License #CA 01205918
Source: Crexi
Added: Dec 3, 2025 Changed: Aug 30 Last Checked: Aug 30 at 8:11AM

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 Investment Real Estate Associates

Investment Insights

Based on property information with market context.

This dark drive-through restaurant site was developed in 1989 and occupies the corner of Hillsborough Avenue and 17th Street. The former Checker’s location includes a double drive-through configuration and more than 100 feet of Hillsborough Avenue frontage. Property photos depict the site during its operating period.

The property is positioned across from a Super Walmart Center on a major local traffic route. It is subject to an absolute NNN ground lease with five and one-half years remaining. Checker’s Corporation has offered a lease buyout for an owner seeking to re-tenant the property, and the lease carries a cap rate above 10% at the list price.

Key Highlights

  • 594 property size; developed in 1989
  • Double drive‑through restaurant site
  • More than 100 feet of frontage on Hillsborough Avenue

Property Analytics

Current Use

Checkers Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic

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

1,208
Businesses Nearby
266k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Shops & Services 34% Apparel 16% Dining 13%
Walmart Superstores
91,937 visits/mo 0.2 miles
McDonald's Dining
32,179 visits/mo 0.2 miles
dd's DISCOUNTS Shops & Services
26,009 visits/mo 0.4 miles
Ross Dress for Less Apparel
23,756 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,120 visits/mo 0.1 miles

Demographics for 33610, FL

45,218
Population
17,995
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
2,512
Density / Sq Mi
$49,765
Median Household Income
$34,773
Median Earnings
$1,307
Median Rent
$210,600
Median Home Value

Market

Vacancy Rate% for Retail in Tampa, FL

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Corner property opposite a Super Walmart Center with frontage along Hillsborough Avenue.
Where is this drive through restaurant located?
The property is located at 1615 E Hillsborough Ave Tampa, FL.
What are key features of this property?
This property features: 594 property size; developed in 1989; Double drive‑through restaurant site; More than 100 feet of frontage on Hillsborough Avenue
More about this property
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