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Prime Plaza Investment Opportunity in Tampa 3021 W Waters Ave 4,800 SF Retail Building Tampa, FL 33614 $2,050,000 ($427.08/SF) 5.85% Cap Rate
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 (2250 sqft and 2250 sqft) generating guaranteed income for 2 years, with option to renewals 3 years,
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.
Stable Income: Currently leased with two spaces (2250 sqft and 2250 sqft) generating guaranteed income for 2 years, with option to renewals 3 years,
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.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,800 SF
Building Class
B
Year Built
1984
Price
$2,050,000
Price Per SF
$427.08
Cap Rate
5.85%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.50 AC
Zoning
C-N, County - Neighborhood Commercial
Parking
17 Spaces (3.78 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Reatail Store
- Retailer
-
99,999 SF
- -
- -
- -
- Zen Pho and Noodle
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Reatail Store | Retailer | 99,999 SF | - | - | - | |
| Zen Pho and Noodle | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | U-22-28-18-15D-000004-00003.3 | Total Assessment | $841,000 |
| Land Assessment | $100 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $840,900 | Tax Year | 2025 |
Property Taxes
Parcel Number
U-22-28-18-15D-000004-00003.3
Land Assessment
$100
Improvements Assessment
$840,900
Total Assessment
$841,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Top Sales Real Estate LLC
Prime Plaza Investment Opportunity in Tampa | 3021 W Waters Ave
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