609 Robertson St Brandon, FL 33511-4919
This exceptional investment opportunity presents a 4,650 square foot, single-story Midas Auto Services franchise located at 609 W Robertson St, Brandon, FL 33511. The property sits on a 0.41-acre lot and boasts a 6.75% cap rate with a Net Operating Income (NOI) of $97,792. The absolute NNN lease, with the tenant responsible for all property expenses, including taxes, insurance, and maintenance, ensures minimal landlord responsibilities. The current lease, with a franchisee tenant, commenced August 1, 2023, and has a remaining term of approximately 3.7 years, plus two five-year renewal options. Built in 1976 and renovated in 2005, the property benefits from its strategic location in Brandon, Florida, a thriving suburb of Tampa, with high traffic counts (61,500 AADT on nearby W Brandon Boulevard) and strong demographics. Within a three-mile radius, the population exceeds 103,719, and the average household income surpasses $100,766. The property is zoned CG - General Commercial - Hillsborough County, and its proximity to major retail centers, including the Brandon Mall and Brandon Exchange, further enhances its value and potential for long-term growth. This is a rare opportunity to acquire a stable, high-performing asset with a nationally recognized tenant and significant upside potential. The asking price is $1,448,770.
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Glass America Auto Repair Shop
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Midas Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Brandon, FLBrandon. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.