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9360 Theater Drive, Gibsonton, FL, 33534

McAlister’s Deli

$3,227,272

Key Information

Cap Rate
5.5%
$ per SF
$1,091
Tot. SF
2,957
Lot Size
0.64 Acres
Year Built
2022
Term Remaining
± 13.8 Years
Type
Retail
Occupancy
100%
NOI
$177,500

Highlights

Property Highlights:
• Long-Term Lease with Built-In Rent Growth:
Approximately 13.8 years of remaining lease term provides investors with stable, long-term cash flow. The lease includes 10% rental increases every five years, creating a built-in hedge against inflation and enhancing income growth over time.
• Absolute NNN Lease Structure: A true passive investment opportunity with zero landlord responsibilities. The tenant is responsible for all operating expenses, including real estate taxes, insurance, repairs, maintenance, and capital expenditures, ensuring passive ownership with no management requirements.
• Experienced Multi-Unit Franchise Operator: The property is leased to DMAC 81, one of the largest independent franchise operators within the McAlister’s Deli system. The company operates a substantial portfolio of restaurants across Alabama, Florida, Georgia, North Carolina, and South Carolina, providing investors with the strength and stability of an established, experienced operator.
• Drive-Thru Amenity Enhances Long-Term Value: The property is equipped with a drive-thru, a highly desirable feature that has become increasingly important for both quick-service and fast-casual restaurant concepts. This amenity supports operational efficiency, customer convenience, and long-term real estate demand, enhancing the property’s overall investment appeal.

Location Highlights:
• Premier Retail Location:
Positioned as an outparcel to Walmart and a top performing AMC Theatres, the property benefits from strong consumer traffic and co-tenancy. The adjacent AMC ranks in the 94th percentile nationally for visitor traffic according to AlphaMaps.
• Excellent Access & Visibility: Located immediately off Interstate 75 (117,500 VPD) and fronting Gibsonton Drive (15,200 VPD), the property offers outstanding visibility and accessibility within one of Florida’s major transportation corridors.
• Strong Retail Corridor: Surrounded by national retailers including Walmart, AMC Theatres, Dunkin’, Mavis Tires & Brakes, Woodie’s Wash Shack, Zaxby’s, and Circle K, driving consistent traffic and cross-shopping activity.
• High-Growth Tampa Bay Market: Situated in rapidly growing Gibsonton, the property benefits from ongoing residential development, population growth, and continued investment throughout the South Hillsborough corridor.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203