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10509 Gibsonton Dr
Riverview, FL 33578
Retail Property For Sale

Investment Highlights

  • Absolute NNN Lease: Zero Landlord Responsibilities: The lease is structured as an absolute NNN, offering passive income with no landlord maintenance.
  • Lowes Outparcel: Lowe’s-Anchored Location – Outparcel to a busy Lowe’s, driving consistent customer traffic.
  • Corporate Guarantee: Lease backed by RUBY TUESDAY, INC., providing strong credit and financial stability.
  • Large ±1.90-Acre Parcel: Positioned on a highly desirable parcel with excellent frontage and visibility.
  • Established Tenant with Long-Term Commitment: Ruby Tuesday, a popular national American restaurant, has ±12.1 years remaining.
  • Attractive Rental Increases: The lease includes 10% rent increases every five (5) years (including options).

Executive Summary

Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,675 SF
Building Class
B
Year Built
2006
Price
$4,804,467 CAD
Price Per SF
$1,027.69 CAD
Cap Rate
6.50%
NOI
$312,290 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.90 AC
Zoning
PD

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
U-20-30-20-76X-000000-00003.0
Land Assessment
$1,788,608 CAD
Improvements Assessment
$1,271,315 CAD
Total Assessment
$3,059,923 CAD
  • Listing ID: 38501072

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 10509 Gibsonton Dr, Riverview, FL 33578

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