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3140 S Falkenburg Rd
Riverview, FL 33578
Primary Sanitas Care | New 12yr NNN · Office Property For Sale

Investment Highlights

  • Brand New 12-Year Lease | Strong Operator | Scheduled Rental Increases
  • Brandon Professional Plaza | Interstate 75 | Excellent Visibility | Costco Wholesale and Walmart Supercenter
  • Brandon Regional Hospital | Medical Collaboration | Direct Residential Consumer Base
  • NNN Lease | Fee Simple (Condo Interest) | Limited Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenants
  • Strong Demographics in 5-Mile Trade Area

Executive Summary

The property is located on the ground floor of Brandon Professional Plaza, a 56,232 SF multi-story medical/office building. The property is strategically located along Interstate 75 (91,500 VPD), the primary north/south freeway serving the East Coast. The building is ideally positioned just 1.5 miles east of Costco Wholesale and Walmart Supercenter, significantly increasing consumer draw to the immediate trade area and promoting crossover store exposure for the site. Additionally, the property is within close proximity to multiple shopping centers including Lake Brandon Village (257,705 SF), Brandon Centre South (133,984 SF), and Westfield Brandon (1,100,000 SF). Other nearby national/credit tenants include The Home Depot, Lowe’s Home Improvement, Target, Aldi, Office Depot, Publix, LA Fitness, and more, further increasing exposure and crossover synergy for the asset. The site benefits from its ideal location just 4.5 miles west of Brandon Regional Hospital (418 beds) and just 1.3 miles south of TGH Brandon ER (25 beds), providing the health center with a direct consumer base from which to draw. With two hospitals nearby, the immediate trade area serves a medical cluster, promoting collaboration between hospitals, medical offices, and medical retailers. Moreover, the asset is surrounded by several apartment complexes including Lantower Brandon Crossroads (450 units), Windsor Club at Legacy Park (372 units), The Retreat at Crosstown (320 units), and Courtney Trace Apartments (288 units), providing for a direct residential consumer base from which to draw. The 5-mile trade area is supported by nearly 196,000 residents and 87,000 daytime employees with a healthy $71,500 average household income.

Property Facts

Property Type Office
Property Subtype
Medical
  • General Retail Freestanding
Building Class A
Lot Size 3.43 AC
Rentable Building Area 56,532 SF
No. Stories 3
Year Built 2015
Parking Ratio 3.56/1,000 SF
APN / Parcel ID U-31-29-20-A36-000000-00101.0
Zoning PD

Amenities

  • Signage
  • Listing ID: 19561595

  • Date on Market: 5/15/2020

  • Last Updated:

  • Address: 3140 S Falkenburg Rd, Riverview, FL 33578

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