715 Brandon Blvd Brandon, FL 33511-4901
This exceptional investment opportunity presents a single-tenant, absolute triple-net (NNN) leased CVS Pharmacy located at 715 W Brandon Blvd, Brandon, FL 33511, within the Tampa MSA. The property boasts a 10,856 square foot building on a 1.77-acre lot, built in 2001. The lease, commencing July 25, 2002, has a remaining term of approximately 3.2 years, with 10 option periods. The current lease expiration is January 31, 2028, offering a long-term commitment from a credit-rated corporate guarantor. The property enjoys 100% occupancy and generates a substantial net operating income (NOI) of $464,761, resulting in a 7.58% cap rate. The asking price is $6,131,411. This prime retail location benefits from high visibility on a signalized corner, serving a densely populated area with over 234,000 full-time residents within the trade area. Nearby amenities include numerous apartment complexes, Hillsborough Community College, Rasmussen University, HCA Florida Brandon Hospital, and several shopping centers, including Westfield Brandon Mall. The property's fee-simple ownership allows for depreciation benefits, and the location in Florida offers the advantage of no state income tax. This is a rare opportunity to acquire a high-quality, low-maintenance investment with a strong tenant and significant upside potential.
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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.