Cheddar’s Scratch Kitchen (Ground Lease)

 Riverview, Florida

Asking Price


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Ground Lease

10-Year Base Term



10.0% Starting Yr 6


I-75 & US 301 Access

219K+ VPD


Exceptional Demos

203K+ 5-Mile Pop


Target Outparcel

Top 5 Target in FL


  • Long-term Ground Lease
    The lease has the full 10 years of base term remaining and offers 10.0% rental increases every 5 years starting at year 6.
  • Dense Retail Trade Area
    This brand new building is situated as an outparcel to Target and is surrounded by other national retailers such as The Home Depot, Walmart, EOS Fitness, Panda Express, Firestone, Wawa, CVS, and many more.
  • Exceptional Area Demographics
    The property is surrounded by nearly 100k people within 3 miles and over 200k people within 5 miles of the site.
  • Outparcel to Exceptional Target Location
    This property is an outparcel to one of the top 5 performing Target locations in the state of Florida (96th percentile).

  • Corporate Guarantee from National Credit Tenant 
    The Tenant is Cheddar’s Casual Café, Inc., a wholly owned subsidiary of Darden Restaurants, Inc., which carries a BBB/Baa2 stable outlook from S&P and Moody’s respectively.
  • Heavily Trafficked Trade Area
    The new restaurant is located off Bloomingdale Ave (44,777 VPD) and a has easy access from U.S. 301 (75,500 VPD) and I-75 (143,500 VPD).
  • Great Accessibility
    The property offers three access points, including a dedicated turn lane from Bloomington Ave, that allows customers to easily turn into the site.

Exclusively Listed By

Michael Zimmerman

Vice President      +1 954.290.6366
FL Lic. #BK3088542

Daniel Herrold

Senior Vice President      +1 918.794.9541


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