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Prime Plaza Investment Opportunity in Tampa 3021 W Waters Ave

4,800 SF Retail Building Tampa, FL 33614 $2,160,000 ($450/SF)

Investment Highlights

  • Convenient Access: Within a 15-minute drive to Tampa International Airport, enhancing convenience for tenants and visitors.

Executive Summary

Prime Investment Opportunity: Explore the potential for redevelopment or investment at the plaza on 3021 W Waters Ave, centrally located in Tampa’s bustling commercial hub.
Strategic Location: Positioned near Interstate 275 for maximum visibility and high foot traffic, ensuring exceptional business prospects.
Stable Income: Currently leased with two spaces (2800 sqft and 1600 sqft) generating guaranteed income for 3 years, with renewals every 2 years and a 3% annual increase.
Redevelopment potential: Ideal for dynamic redevelopment projects or personalized property conversions, promising immediate returns and long-term growth.
High Traffic Area: Located along Interstate 275, a primary North/South thoroughfare with 188,000 vehicles per day, ensuring maximum exposure.
Convenient Access: Within a 15-minute drive to Tampa International Airport, enhancing convenience for tenants and visitors.
Excellent Parking: Offering excellent parking facilities with over 6 spaces per 1000 sq ft.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,800 SF
Building Class
B
Year Built
1984
Price
$2,160,000
Price Per SF
$450
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.50 AC
Zoning
C-N, County - Neighborhood Commercial
Parking
17 Spaces (3.54 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Regions Bank
Gold's Gym
Davinci's Pizza
PNC Bank
Winn-Dixie
First Horizon Bank
Beef'O'Brady's
ShopRite
Bravo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-22-28-18-15D-000004-00003.3
Land Assessment
$261,240
Improvements Assessment
$298,160
Total Assessment
$559,400
  • Listing ID: 32504577

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 3021 W Waters Ave, Tampa, FL 33614

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