Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1000 Water St, Unit 1601 Tampa, FL 33602

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18,000 /Mo

    Retail space available for lease in Tampa, Florida.

    Building Details

    Year built
    2021

    We can help!

    Listing Contact
    Danielle Kashou
    Source: Elliman

    Listing Agent: Danielle Kashou

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space For Rent

    This retail space is available for rent at a rate of $11. The property is located at 1000 WATER St 1601, Tampa, FL 33602.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4576
    Latitude
    27.9575

    Nearby Similar for Lease

    • $525 /Mo
      7,755 SF

      Professional Office Suites Available

      Secure office building with shared amenities and easy highway access.
      15100 Hutchison Rd, Tampa, FL 33625
      View Details
    • $5,000 /Mo
      2,500 SF

      Premier Office Space in Tampa

      Prime office space in Lexington Professional Park, excellent location.
      11059 Countryway Blvd, Tampa, FL 33626
      View Details
    • $6,395 /Mo
      5,036 SF

      Hyde Park Boutique Office Bungalow

      Charming, renovated office space in Tampa's Hyde Park neighborhood.
      337 S Plant Ave, Tampa, FL 33606
      View Details
    • $2,700 /Mo
      2,007 SF

      Seminole Heights Office For Rent

      Office space in vibrant Tampa location with high visibility.
      5409 N Florida Ave, Tampa, FL 33604
      View Details
    • $2,500 /Mo
      1,650 SF

      Remodeled Retail/Commercial Space in Tampa

      Remodeled 1,746 sqft retail/commercial space near Downtown Tampa.
      7002 N Nebraska Ave, Tampa, FL 33604
      View Details
    • $22 SF/Yr
      18,636 SF

      Ybor City Office Suites

      Prime office suites available for lease in Ybor City.
      2109 E Palm Ave, Tampa, FL 33605
      View Details
    • New
      $13,500 /Mo
      2,120 SF

      Historic Hyde Park Office Building

      Restored historic office building in Tampa's Hyde Park neighborhood.
      2111 W Cleveland St, Tampa, FL 33606
      View Details
    • $18 SF/Yr
      74,552 SF

      Prime Commercial Space in Tampa

      Versatile commercial space near Downtown Tampa with high visibility.
      7430 Palm River Rd, Tampa, FL 33619
      View Details
    • $4,200 /Mo
      1,800 SF

      Updated Office Space in Tampa

      Move-in-ready office space with reception, five offices, and parking.
      4505 N Armenia Ave, Tampa, FL 33603
      View Details
    • $1,250 /Mo
      3,045 SF

      Tastefully Decorated Office in Tampa

      Professional office space in the heart of South Tampa's Hyde Park.
      1550 W Cleveland St, Tampa, FL 33606
      View Details
    • $10,011 /Mo
      4,792 SF

      High-Exposure Commercial Building Near Busch Gardens

      Two-story commercial building with high visibility and flexible configuration.
      3601 E Busch Blvd, Tampa, FL 33612
      View Details
    • $1,150 /Mo
      3,045 SF

      Professional Office Space in Tampa

      Tastefully decorated office space in the heart of South Tampa.
      1550 W Cleveland St, Tampa, FL 33606
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for lease in Tampa, Florida.
    Where is this retail space located?
    The property is located at 1000 Water St, Unit 1601 Tampa, FL.
    What are key features of this property?
    This property features: - Year Built: 2021
    (813) 839-3800
    Request Owner's contact information
    1000 Water St, Unit 1601 Tampa, FL 33602
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1000 Water St, Unit 1601
    Tampa, FL 33602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Water St, Unit 1601 Tampa, FL 33602
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Danielle Kashou
    Real Estate License ID: 3262398
    (813) 839-3800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.