Building Details

Year Built 2023

Stories 1

Listing Agency: Renaissance Realty Group

Listed By: Michael Perry · License #FL SL3541809

Source: Crexi

Added: May 24 Changed: Sep 12 Last Checked: Oct 12 at 8:20PM

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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 Renaissance Realty Group

Investment Insights

Based on property information with market context.

This turnkey bar includes a full liquor license and features both indoor and outdoor wet-zoning. The property is surrounded by residential development and benefits from high vehicular traffic. The sale includes all FF&E, offering a turnkey operation ready for immediate opening. The bar is fully equipped, making it suitable for investors seeking a hospitality business. The property size is 1800 square feet.

Key Highlights

• Excellent location with high vehicular traffic.
• Turnkey bar operation, ready to open.
• Full liquor license included.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,366

Cap Rate

6.76%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$527,320 $527.3K

Cap Rate 7%

$376,657 $376.7K

Cap Rate 9%

$292,956 $293.0K

Market Conditions

NOI Build-Up for 1,800 SF

Gross rent

$37.8K $21.00/SF

− Vacancy

−$2.6K −$1.47/SF

EGI

$35.2K $19.53/SF

− OpEx

−$8.8K −$4.88/SF

NOI

$26.4K $14.65/SF

Area

ZIP 33615

Vacancy

7.00%

Lease Rate

$21.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$527,320

Cap Rate 7%

$376,657

Cap Rate 9%

$292,956

Alternative Uses

Best Use

Specialty Retail

$376.7K

$329.6K – $439.4K (±1% cap)

NOI $26,366 @ 7.0% cap · market cap 6.76%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$561.4K

$491.2K – $654.9K (±1% cap)

NOI $39,296 @ 7.0% cap · market cap 10.08%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Acrogymnastic Falli Gym & Fitness Center Sandra Vierday Quartararo Physician Dream lounge Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Hair Salon Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

440

Businesses Nearby

38k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 90% Shops & Services 10% Dining 1%

Walmart Neighborhood Market Groceries

33,989 visits/mo 0.2 miles

Regions Bank Shops & Services

2,358 visits/mo 0.2 miles

SmartStop Self Storage Shops & Services

1,264 visits/mo 0.1 miles

Three Brothers Pizza Dining

345 visits/mo 0.1 miles

Demographics for 33615, FL

47,434

Population

20,543

Households

2.3

Avg Household Size

40

Median Age

30%

College-Educated

90%

High-School Grad

8.6 sq mi

ZIP Area

5,516

Density / Sq Mi

$66,257

Median Household Income

$38,858

Median Earnings

$1,586

Median Rent

$291,500

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Secrets Tampa — 8829 w hillsborough ave, town 'n' country, fl 33615
• Secrets Tampa Gentlemen's Club — 8829 W Hillsborough Ave, Tampa, FL 33615
• Circle K — 10111 W Hillsborough Ave, Tampa, FL 33615
• Rachel's place — 10061 W Hillsborough Ave, Tampa, FL 33625
• Dream lounge — 9953 W Hillsborough Ave, Town 'N' Country, FL 33615, United States

Frequently Asked Questions

What type of property is this?

Bar & Pub - Fully equipped bar with indoor and outdoor wet-zoning.

Where is this bar & pub located?

The property is located at 9953 West Hillsborough Avenue Town N Country, FL.

What is the asking price?

The asking price for this property is $390,000.

What are key features of this property?

This property features: Excellent location with high vehicular traffic.; Turnkey bar operation, ready to open.; Full liquor license included.