Adjoining Turn-Key Restaurant
706 E Brandon Boulevard BRANDON Brandon, FL 33511
706 E Brandon Boulevard BRANDON, Brandon, FL, 33511
$5,499,000
For Sale
$5,499,000
Two adjoining restaurant properties are sold together, with direct Highway 60 frontage and turn-key furniture, fixtures, and equipment included.
Property Size10,130 SF
Lot Size0.80 Acres
Price / SF$542.84
Days on Market18
Property Features for 706 E Brandon Boulevard BRANDON
General Information
- Standard status
- Active
- Size
- 10,130 SF
- Lot size
- 0.80 Acres
Building Details
- Year Built
- 1982
Listing agency
(904) 569-5862
Listed by
Frederick "Rick" Crowdus
(904) 569-5862
Source
Movetojacksonville
Added: Jul 4 Updated: Jul 21 at 6:51AM Checked: Jul 21 at 6:51AM
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 Frederick "Rick" Crowdus
Investment Insights
Based on property information with market context.
This sale includes two adjoining restaurants available only as a combined purchase: the subject property at 706 E Brandon Boulevard and the adjacent restaurant property at 704 E Brandon Boulevard. The offering is provided with all owned furniture, fixtures, and equipment, creating a turn-key operation ready for a new owner. The building includes a roomy kitchen, two separate dining rooms (one with a bar), and a large outdoor seating area. The property includes a large asphalt parking lot with easy access and egress, and seating is currently set for approximately 180 patrons. The establishment currently serves beer, wine, and liquor and is open seven days per week, featuring Mexican cuisine.
The property has direct frontage on Brandon Boulevard (Highway 60) in the heart of Brandon and is located directly across the street from Nativity Catholic Church’s campus on Highway 60. A common owner shares a parking lot with the property to the west (Crafty Crab), with direct access via Ridgewood Ave. and a lighted intersection at Ridgewood and Highway 60.
The property has direct frontage on Brandon Boulevard (Highway 60) in the heart of Brandon and is located directly across the street from Nativity Catholic Church’s campus on Highway 60. A common owner shares a parking lot with the property to the west (Crafty Crab), with direct access via Ridgewood Ave. and a lighted intersection at Ridgewood and Highway 60.
Key Highlights
- Two adjoining restaurant properties sold together only; includes adjacent restaurant property at 704 E Brandon Blvd
- Direct frontage on Highway 60 in the heart of Brandon, second to Nativity Catholic Church’s campus
- Includes owned furniture, fixtures, and equipment; property is currently owner occupied and open 7 days per week
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $237.0k | $23.40 |
| − Vacancy | −$13.0k | −$1.29 |
| EGI | $224.0k | $22.11 |
| − OpEx | −$56.0k | −$5.53 |
| NOI | $168.0k | $16.58 |
10,130 SF · lease $23.40/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.40M
$2.10M – $2.80M
NOI $168,004 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.81M
$3.33M – $4.45M
NOI $266,751 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sabor A Mexico
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Two adjoining restaurant properties are sold together, with direct Highway 60 frontage and turn-key furniture, fixtures, and equipment included.
Where is this conventional restaurant located?
The property is located at 706 E Brandon Boulevard BRANDON Brandon, FL.
What is the asking price?
The asking price for this property is $5,499,000.
What are key features of this property?
This property features: Two adjoining restaurant properties sold together only; includes adjacent restaurant property at 704 E Brandon Blvd; Direct frontage on Highway 60 in the heart of Brandon, second to Nativity Catholic Church’s campus; Includes owned furniture, fixtures, and equipment; property is currently owner occupied and open 7 days per week
