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Pizza Hut Restaurant Redevelopment
For Sale
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1820 S Tamiami Trail, Venice, FL 34293

Occupied restaurant building with tenant-paid expenses and redevelopment flexibility along US 41.

Property SizeContact for details
Days on Market144

Property Features for 1820 S Tamiami Trail

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 48,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: CBRE - Tampa
Listed By: Jim Shiebler, CCIM, CEC · License #FL SL3347780
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:17AM

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 CBRE - Tampa

Investment Insights

Based on property information with market context.

This occupied Pizza Hut restaurant property combines an existing operating building with a recently executed one-and-a-half-year lease. The lease provides income during the planning period, with all expenses paid by the tenant. The property has operated as a Pizza Hut since 1970 and can support either conversion of the existing structure or demolition followed by a new build-to-suit project, as described in the property information.

Located at 1820 S Tamiami Trail in Venice, the site fronts US 41, a major north-south route through Southwest Florida carrying over 48,000 cars per day. Lowe’s Home Improvement Center is adjacent, and the surrounding retail corridor includes numerous national restaurant concepts. The property is positioned within an established commercial setting with redevelopment planning and continued occupancy addressed through the current lease.

Key Highlights

  • Existing Pizza Hut restaurant has operated at the property since 1970
  • Over 48,000 Cars Per Day along US 41
  • Recently executed lease lasting one and half year

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Daycare Center Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

48,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby
206k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 28% Home Improvements & Furnishings 25% Groceries 7%
Lowe's Home Improvements & Furnishings
51,661 visits/mo 0.3 miles
McDonald's Dining
21,410 visits/mo 0.4 miles
Culver's Dining
20,810 visits/mo 0.4 miles
ABC Fine Wine & Spirits Groceries
13,775 visits/mo 0.4 miles
Mobil Shops & Services
11,713 visits/mo 0.5 miles

Demographics for 34293, FL

44,935
Population
28,344
Households
1.6
Avg Household Size
63
Median Age
38%
College-Educated
95%
High-School Grad
32.6 sq mi
ZIP Area
1,378
Density / Sq Mi
$87,543
Median Household Income
$40,427
Median Earnings
$1,831
Median Rent
$368,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Occupied restaurant building with tenant-paid expenses and redevelopment flexibility along US 41.
Where is this conventional restaurant located?
The property is located at 1820 S Tamiami Trail Venice, FL.
What are key features of this property?
This property features: Existing Pizza Hut restaurant has operated at the property since 1970; Over 48,000 Cars Per Day along US 41; Recently executed lease lasting one and half year
More about this property
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