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804 Providence Road
SOLD

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

804 Providence Road

Retail
clock iconSold 38 days ago
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Summary

Sale
FLORIDA
Retail

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.

Players

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    2

  • Agents

    1

  • Agencies

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Eli Dioso's profile picture
Eli Dioso
LandQwest Commercial-image
Associate
$2.7M Sold

Details

Deal Summary
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SOLD
IMAGE: 05/15/2024 ADDRESS: 804 Providence Road MARKET: Brandon ASSET TYPE: Retail BUYER: Hong BBQ & Hot Pot SELLER: National Net Lease Portfolio BROKER: Eli Dioso - LandQwest Commercial SALE PRICE: $2,650,000 NOTE: Hong BBQ & Hot Pot, a chain of Chinese hot pot and Korean-style barbecue restaurants, has acquired a former Black Rock Bar & Grill location in Brandon for $2.65 million, marking its fourth location in the area. The buyer, LLC Peng Tong, plans a complete interior renovation to align the design with its brand, with an anticipated opening in about eight months, joining existing locations in Tampa and Bradenton, with another set to open soon in Lakeland.

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Address804 Providence Road

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