Waters Avenue Retail Center

PRICE REDUCED - 9% Cap Rate for this 5,832 SF Retail Center located on the SE corner of Waters Avenue and the Veterans Expressway. It is 100% occupied to an ongoing historical tenant base with room for upward income movement.

A high visibility Billboard on the Property is leased to CBS Outdoor for 20-years with current income of $21,000 annually. 2012 NOI is $73,897 for the property at a 9% Cap. The adjacent 1,682 SF retail building on 0.32-acres is also available to assemble up to 0.7-acres for redevelopment.

"WaWa" is under construction immediately adjacent as well as new "Tampa Bay Rowdies" Practice facilities on the remaining tract of land immediately behind and to the south of this site.

This property is located on the SE corner of Waters Avenue and the Veterans Expressway in Tampa's Airport Area.