Outback Steakhouse

$

3,950,000

5.00%
Cap Rate

Location

Lutz, FL

Property Overview

Tenant
Outback Steakhouse
Address
18600 FL-54, Lutz, FL 33558
Credit Rating
BB- (S&P)
NOI
$197,500
Lease Type
NNN Ground Lease
Rent Increases
10% Every 5 Years
Remaining Lease Term
15 Years
Building Size
4,936 SF
Land AC
1.23 AC
Parking
92 Spaces
Property Type
Retail - Casual Dining
Year Built
2025

Investment Highlights

Brand New 15-Year NNN Ground Lease
Outback Steakhouse -Global Brand with 35+ Year Track Record - Based in Tampa, FL
Affluent, High-Growth Submarket of Tampa MSA
Dynamic National Retail Corridor
Proximity to $1.6B Moffitt-Backed Speros Cancer Research Campus
10% Rent Increases Every 5 Years
High Traffic Signalized Location with Excellent Visibility

+/- 70k

Vehicles Per Day

$134k

3-Mile HH Income

Tampa, FL

Outback Steakhouse HQ

Listing Brokers

GA #337874
CA #02116683
Scott Scurich
Founder & Managing Partner
CA #02092776
Hayden Salvas
Partner
FL Broker of Record - Kristen Zimmerman: BK3459155

For general inquiries, please reach out!

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