July 29th, 2025

Arsenal Real Estate Advisors is pleased to announce the exclusive listing of a brand-new Outback Steakhouse at 18600 FL-54 in Lutz, Florida. The 4,936 SF property is offered at $4,030,000 with a 4.90% cap rate and a 15-year corporate-guaranteed NNN ground lease that includes scheduled rent increases, providing investors with long-term, passive income security.

Outback Steakhouse, backed by Bloomin’ Brands, Inc. (NASDAQ: BLMN), is one of the nation’s most recognized casual dining concepts, with more than 670 U.S. locations and a global footprint of 1,000+ restaurants. The property sits along State Road 54, a major thoroughfare with over 67,000 vehicles per day, and is surrounded by strong co-tenancy including CAVA, McDonald’s, Bojangles, Walgreens, and Fifth Third Bank. The area boasts affluent demographics, rising household incomes, and is just minutes from the $1.6B Moffitt-anchored Speros FL innovation hub, a transformative development bringing thousands of high-income professionals to the corridor.

For more information, please contact Scott Scurich at scott@arsenalrea.com or Hayden Salvas at hayden@arsenalrea.com.

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