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Single-Tenant Restaurant NNN Property
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4016 Tampa Rd, Oldsmar, FL 34677

5,257 SF single-tenant restaurant sits on just under one acre and fronts Tampa Road.

Property SizeContact for details
Days on Market123

Property Features for 4016 Tampa Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Douglas Mandel · License #FL SL3090637
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 9:21PM

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 Marcus & Millichap - Fort Lauderdale

Investment Insights

Based on property information with market context.

Marcus & Millichap presents Chuck Lager America’s Tavern, a 5,257-square-foot, single-tenant restaurant on just under an acre of land. The property was re-tenanted in August 2021 and underwent extensive interior and exterior renovation ahead of its April 2022 opening. The current lease provides more than 13 years of remaining initial term through the end of June 2037, with two additional five-year renewal options extending the term further into June 2037. The asset is positioned as a net-lease investment with no landlord responsibilities noted in the offering remarks.

The restaurant fronts State Road 580 (Tampa Road), with nearly 56,000 vehicles per day reported directly in front of the property. The offering indicates the location is in Oldsmar, Florida, just a few blocks from Tampa Bay, and notes the brand operates seven locations across the state.

Key Highlights

  • 5,257 SF single‑tenant restaurant on just under one acre, formerly an Applebee's
  • Chuck Lager America's Tavern re‑tenanted in August 2021 and opened April 2022 after interior and exterior renovations
  • Over 13 years of lease term remaining through June 2037, with two additional 5‑year renewal options

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Furniture & Home Goods Daycare Center Parking Lot & Garage Grocery & Convenience Store Butcher Locksmith

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

315
Businesses Nearby
254k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 35% Apparel 25% Leisure 25% Dining 13%
AMC Woodlands Square 20 Leisure
63,503 visits/mo 0.5 miles
Marshalls Apparel
43,801 visits/mo 0.3 miles
Dollar Tree Shops & Services
25,724 visits/mo 0.3 miles
Panera Bread Dining
22,756 visits/mo 0.2 miles
Bealls Florida Apparel
20,285 visits/mo 0.5 miles

Demographics for 34677, FL

22,524
Population
10,056
Households
2.2
Avg Household Size
46
Median Age
41%
College-Educated
95%
High-School Grad
12.7 sq mi
ZIP Area
1,774
Density / Sq Mi
$85,389
Median Household Income
$46,404
Median Earnings
$1,484
Median Rent
$352,200
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 - 5,257 SF single-tenant restaurant sits on just under one acre and fronts Tampa Road.
Where is this conventional restaurant located?
The property is located at 4016 Tampa Rd Oldsmar, FL.
What are key features of this property?
This property features: 5,257 SF single‑tenant restaurant on just under one acre, formerly an Applebee's; Chuck Lager America's Tavern re‑tenanted in August 2021 and opened April 2022 after interior and exterior renovations; Over 13 years of lease term remaining through June 2037, with two additional 5‑year renewal options
(954) 245-3465 Call to check price and availability
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