Hong BBQ & Hot Pot Acquires Retail Property In Brandon From National Net Lease Portfolio

The retail property located at 804 Providence Road in Brandon was recently sold for $2,650,000. The asset was acquired by Hong BBQ & Hot Pot from National Net Lease Portfolio. The transaction took place on May 15, 2024.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,650,000
• Address: 804 Providence Road
• Market: Brandon

Eli Dioso of LandQwest Commercial represented the buyer, Hong BBQ & Hot Pot. Hong BBQ & Hot Pot, known for its Chinese hot pot and Korean-style barbecue restaurants, acquired the former Black Rock Bar & Grill location in Brandon as its fourth establishment in the area. The buyer, LLC Peng Tong, plans a complete interior renovation to align the design with its brand and anticipates an opening in about eight months. Hong BBQ & Hot Pot currently has locations in Tampa and Bradenton, with another opening soon in Lakeland.