609 W Robertson St | Brandon, FL 33511
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609 W Robertson St
Brandon, FL 33511
Midas Auto Services · Retail Property For Sale
Investment Highlights
- TBC Corporation (TBC) owns the Midas brand, one of the largest automotive service, maintenance, and repair companies in the United States.
- The lease with Midas is an absolute NNN lease, meaning the tenant is responsible for all expenses, repairs, and replacement concerning the property.
- The franchisee has experience operating Midas franchises, operating 5+ locations throughout Florida and Illinois.
- Midas has over 1,000 locations in North America and has been ranked in the top 100 of Entrepreneur’s Franchise 500 for 2024.
- This was the first Midas location in Tampa and has operated here for decades, showing a high level of dedication to this location.
- This asset is located just south of W Brandon Boulevard, which has an AADT of 61,500.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,650 SF
Building Class
B
Year Built
1976
Price
$2,060,339 CAD
Price Per SF
$443 CAD
Cap Rate
6.75%
NOI
$139,073 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.41 AC
Zoning
C-G, County
Parking
12 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
125 ft on Robertson St
PROPERTY TAXES
| Parcel Number | U-27-29-20-ZZZ-000002-65290.0 | Improvements Assessment | $543,878 CAD |
| Land Assessment | $302,566 CAD | Total Assessment | $846,445 CAD |
PROPERTY TAXES
Parcel Number
U-27-29-20-ZZZ-000002-65290.0
Land Assessment
$302,566 CAD
Improvements Assessment
$543,878 CAD
Total Assessment
$846,445 CAD
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