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Corporate-Backed NNN Restaurant Property
For Sale
Contact for pricing
Pending

910 3rd St SW, Winter Haven, FL 33880

Carrabba's Italian Grill operates under an absolute NNN lease with a corporate guarantee.

Property SizeContact for details
Days on Market141

Property Features for 910 3rd St SW

General Information

Standard status Pending
Property subtype Retail

Additional Details

Cap Rate 6%
Traffic Count 34,000 vehicles/day
Listing Agency: TD Commercial Group
Listed By: Carlos Alonso · License #FL SL3382569
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 9:51PM

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 TD Commercial Group

Investment Insights

Based on property information with market context.

This NNN restaurant property is occupied by a Carrabba's Italian Grill and structured under an absolute NNN lease. The lease carries a corporate guarantee from Bloomin' Brands, which operates more than 1,450 locations across 47 states. The property is associated with a 6% cap rate and a 5% rent-to-sales ratio.

Located at 910 3rd St SW in Winter Haven, the site is positioned along 3rd Street SW with reported traffic exceeding 34,000 vehicles per day. The surrounding retail corridor includes Publix, Target, Chick-fil-A, Lowe's, Starbucks, ALDI, Wawa, and Walmart Supercenter.

Winter Haven is situated between Tampa and Orlando. Within a 1- to 3-mile radius, population and household counts are projected to increase 20% over the next five years.

Key Highlights

  • Absolute NNN lease with corporate guarantee from Bloomin' Brands
  • 6% cap rate and 5% rent‑to‑sales ratio
  • Carrabba's Italian Grill location at 910 3rd St SW

Property Analytics

Current Use

Carrabba's Italian Grill Restaurant

Suggested Use

Top Pick Furniture & Home Goods Veterinary Clinic Storage Facility (Bike/Boat/Book/etc) Store Butcher Restaurant

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

34,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

2,098
Businesses Nearby

Demographics for 33880, FL

42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
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
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Frequently Asked Questions

What type of property is this?
NNN property - Carrabba's Italian Grill operates under an absolute NNN lease with a corporate guarantee.
Where is this nnn property located?
The property is located at 910 3rd St SW Winter Haven, FL.
What are key features of this property?
This property features: Absolute NNN lease with corporate guarantee from Bloomin' Brands; 6% cap rate and 5% rent‑to‑sales ratio; Carrabba's Italian Grill location at 910 3rd St SW
More about this property
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