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Restaurant

Outback Steakhouse - Carrabba's

11950 Sheldon Rd, Tampa, FL 33626

Listing Price: $7,045,950

Cap Rate
6.00%
Tenant Name
Outback Steakhouse - Carrabba's
Years Remaining On Lease
7.0
Guarantor
Corporate Guarantee
Rentable SF
12,654
Lease Type
Absolute Net
Rent Per Square Feet
$33.41

Investment Overview

Prime Tampa Location
Located 10 miles from Bloomin' Brands'
corporate headquarters
Positioned on a hard signalized corner in an
infill Tampa trade area
Over 210,000 people within a 5-mile radius,
with average household incomes exceeding
$115,000
Absolute NNN Lease
Carrabba's Italian Grill at 11902 Sheldon Road,
Tampa, FL
7 years remaining (exp. July 31, 2033)
1.0% annual increases
(4) 5-Year Renewal Options
Guaranteed by Bloomin' Brands, Inc.
Bloomin Brands 2025 Revenue $3.98 Billion
Interior and Exterior renovated in 2021
Prime Tampa Location
Located 10 miles from Bloomin' Brands'
corporate headquarters
Positioned on a hard signalized corner in an
infill Tampa trade area

Investment Highlights

  • Rare Bloomin Brands Guaranty with 2025 Revenue of $3.98 Billion in Sales
  • Prime Tampa Location on Hard Signalized Corner
  • 2 National Tenants on one large 2.53 Acre Parcel

Exclusively Listed By

Restaurant

Outback Steakhouse - Carrabba's

Listing Price: $7,045,950

Cap Rate
6.00%
Tenant Name
Outback Steakhouse - Carrabba's
Years Remaining On Lease
7.0
Guarantor
Corporate Guarantee
Rentable SF
12,654
Lease Type
Absolute Net
Rent Per Square Feet
$33.41

Investment Highlights

  • Rare Bloomin Brands Guaranty with 2025 Revenue of $3.98 Billion in Sales
  • Prime Tampa Location on Hard Signalized Corner
  • 2 National Tenants on one large 2.53 Acre Parcel

Investment Overview

Prime Tampa Location Located 10 miles from Bloomin' Brands' corporate headquarters Positioned on a hard signalized corner in an infill Tampa trade area Over 210,000 people within a 5-mile radius, with average household incomes exceeding $115,000 Absolute NNN Lease Carrabba's Italian Grill at 11902 Sheldon Road, Tampa, FL 7 years remaining (exp. July 31, 2033) 1.0% annual increases (4) 5-Year Renewal Options Guaranteed by Bloomin' Brands, Inc. Bloomin Brands 2025 Revenue $3.98 Billion Interior and Exterior renovated in 2021 Prime Tampa Location Located 10 miles from Bloomin' Brands' corporate headquarters Positioned on a hard signalized corner in an infill Tampa trade area

Exclusively Listed By

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