Prime Plaza Investment Opportunity in Tampa

3021 W Waters Ave Tampa, FL 33614

3021 W Waters Ave, Tampa, FL, 33614
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FOR SALE
Property Type:
Strip Center
Amount:
$2,160,000
Last Verified:
Dec 17, 2024

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Highlights

  • Prime Investment Opportunity: Explore 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, catering to various types of tenants and businesses

Description

Discover a lucrative opportunity at the plaza on 3021 W Waters Ave, poised for redevelopment or investment in the heart of Tampa's vibrant commercial district. Strategically situated near Interstate 275, this plaza commands exceptional visibility and foot traffic. Currently, two spaces—2800 sqft and 1600 sqft—are already leased, providing guaranteed income for 3 years with renewals every 2 years featuring a 3% annual increase. Whether you envision a dynamic redevelopment project or a personalized property conversion, this opportunity promises immediate returns while you plan your next move.

For inquiries or to schedule a viewing, please contact Kari Grimaldi at 813-376-3386

Conveniently located on W Waters Ave in Tampa, FL, this plaza benefits from a prime position with excellent access to major transportation routes, surrounded by prominent retailers, universities, and essential amenities. Situated in an area with robust demographics and ongoing redevelopment initiatives, the location ensures continuous demand and promising growth prospects. Only 8 miles from both the University of Tampa and the University of South Florida, as well as downtown Tampa, and within a 15-minute drive to Tampa International Airport, this plaza offers unparalleled convenience and accessibility.


Year Built: 1984
Building Size: 4456sq ft
Lot Size: 0.46 acres


Documents

brochure 7/2/2024

Map of 3021 W Waters Ave, Tampa, FL, 33614

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.