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Prime Plaza Investment Opportunity in Tampa 3021 W Waters Ave 4,800 SF Retail Building Tampa, FL 33614 $2,861,636 CAD ($596.17 CAD/SF) 5.85% Cap Rate

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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.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
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 (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
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
$2,861,636 CAD
Price Per SF
$596.17 CAD
Cap Rate
5.85%
NOI
$167,510 CAD
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

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-22-28-18-15D-000004-00003.3
Land Assessment
$404,927 CAD (2024)
Improvements Assessment
$747,020 CAD (2024)
Total Assessment
$1,151,947 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 32504577

  • Date on Market: 2024-07-18

  • Last Updated:

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

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