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3550 W Waters Ave 21,896 SF 66% Leased Office Building Tampa, FL 33614 $3,300,000 ($150.71/SF)
Investment Highlights
- User Sale Opportunity with 5,863 sf Available off the 1st Floor Lobby
- Established Office Corridor in Carrollwood with 33,000 VPD
- Functional, Flexible Layouts to Accomodate a Wide Range of Office Users
- Recent Improvements Just Completed
- Central Tampa Accessibility with Access to Dale Mabry Hwy, I-275, and the Veteran's Expressway
- Value Add - NOI Upside Opportunities
Executive Summary
Ciminelli Real Estate Services presents 3550 W Waters Avenue, an opportunity to acquire a well located, income-producing office asset in the Northwest Tampa submarket. The 21,896 square foot, two-story Class B building is currently 66.3% occupied, with 5,863 contiguous square feet available for an owner user.
Positioned along W Waters Avenue in the established Carrollwood corridor, the property benefits from approximately 33,000 vehicles per day and direct access to Dale Mabry Highway, Interstate 275, and the Veteran’s Expressway. The surrounding area is supported by dense residential communities, established retail corridors, and long-standing professional office demand.
The property presents an opportunity for significant upside through lease-up of the vacant space. The asking price for this property is $3,300,000.00.
Positioned along W Waters Avenue in the established Carrollwood corridor, the property benefits from approximately 33,000 vehicles per day and direct access to Dale Mabry Highway, Interstate 275, and the Veteran’s Expressway. The surrounding area is supported by dense residential communities, established retail corridors, and long-standing professional office demand.
The property presents an opportunity for significant upside through lease-up of the vacant space. The asking price for this property is $3,300,000.00.
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
21,896 SF
Building Class
B
Year Built/Renovated
1983/2026
Price
$3,300,000
Price Per SF
$150.71
Percent Leased
66%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,392 SF
Slab To Slab
12’
Building FAR
0.38
Lot Size
1.32 AC
Zoning
PD-C - Planned Development-Commercial
Parking
80 Spaces (3.51 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Property Manager on Site
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- One Step Therapy
- Construction
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Jan 0000
- Pharmacy Administration Services
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- -
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Jan 0000
- St. Joseph's Community Care
- Health Care and Social Assistance
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| One Step Therapy | Construction | - | - | Jan 0000 | ||
| Pharmacy Administration Services | - | - | - | Jan 0000 | ||
| St. Joseph's Community Care | Health Care and Social Assistance | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 110
- 5,863 SF
- Office/Medical
- Full Build-Out
- 30 Days
6 offices, lobby
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 110 | 5,863 SF | Office/Medical | Full Build-Out | 30 Days |
| 2nd Fl-Ste 260 | 1,562 SF | Office | Full Build-Out | Now |
1st Fl-Ste 110
| Size |
| 5,863 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 260
| Size |
| 1,562 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 260
| Size | 1,562 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
6 offices, lobby
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | U-27-28-18-ZZZ-000000-97490.0 | Improvements Assessment | $2,894,600 |
| Land Assessment | $100 | Total Assessment | $2,894,700 |
Property Taxes
Parcel Number
U-27-28-18-ZZZ-000000-97490.0
Land Assessment
$100
Improvements Assessment
$2,894,600
Total Assessment
$2,894,700
Contacts
-
Thomas Hernandez -
Thomas McGeachy -
Ciminelli Real Estate Services of Florida LLC
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