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Water's Crossing Strip--Target/Lowe's shadow 6277-6285 W Waters Ave 49,594 SF 100% Leased Retail Building Tampa, FL 33634 $6,288,000 ($126.79/SF)



EXECUTIVE SUMMARY
SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to present to qualified investors a value-add retail center located at 6277-6285 Waters Avenue in Tampa, FL.This 49,594 SF property sits on 7.17 acres and is sandwiched between Target and Lowe’s at the Water’s Crossing Shopping Center in Northwest Tampa, about six miles north of Tampa International Airport. The center was built in 1999. The owner has made recent capital improvements including roof repairs, HVAC replacements and parking lot resealing and restriping. Most tenants, including anchor Office Depot, are on short-term leases, allowing a future owner to re-tenant or redevelop the property. Priced at assessed value.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
49,594 SF
Building Class
B
Year Built
1999
Price
$6,288,000
Price Per SF
$126.79
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
7.17 AC
Zoning
CG
Parking
150 Spaces (3.02 Spaces per 1,000 SF Leased)
Frontage
157’ on W WATERS Ave
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | U-19-28-18-ZZZ-000000-91330.0 | Improvements Assessment | $2,685,118 |
| Land Assessment | $3,398,282 | Total Assessment | $6,083,400 |
PROPERTY TAXES
Parcel Number
U-19-28-18-ZZZ-000000-91330.0
Land Assessment
$3,398,282
Improvements Assessment
$2,685,118
Total Assessment
$6,083,400
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Water's Crossing Strip--Target/Lowe's shadow | 6277-6285 W Waters Ave
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