3021 Waters AveTampa, FL 33614

This prime Tampa retail investment opportunity, located at 3021 W Waters Ave, Hillsborough County, FL 33614, presents a compelling proposition for both redevelopment and immediate income generation. The 4,000-4,500 square foot multi-tenant plaza boasts a strategic location near Interstate 275, ensuring high visibility and significant foot traffic. Currently, two spaces, totaling 4400 square feet (2800 sq ft and 1600 sq ft), are leased, providing a guaranteed income stream for three years, with two-year renewal options and a 3% annual rent increase. This established income provides immediate returns while allowing for future planning. The property's location offers convenient access to Tampa International Airport (within 15 minutes) and ample parking (over 6 spaces per 1000 sq ft). The high traffic count on I-275 (188,000 vehicles daily) further enhances the property's potential. Whether you envision a dynamic redevelopment project or a personalized property conversion, this opportunity promises both immediate returns and long-term growth potential within Tampa's vibrant commercial district. The property is zoned for restaurant and shopping center uses. The asking price is $2,160,000.