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Triple-Net Retail Investment

9660 W Waters Ave Tampa, FL 33635

9660 W Waters Ave, Tampa, FL, 33635
$7,165,000
For Sale
$7,165,000

For-sale NNN retail property with a brand-new 15-year lease and scheduled rent increases every five years.

Days on Market21

Property Features for 9660 W Waters Ave

General Information

Standard status
Active
Property subtype
Retail

Building Details

Year Built
2026
Listing Agency
Listed by William Wamble · License #FL SL3257920
Source Srsre
Added: Jun 28 Checked: Jul 15 at 1:16 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Wamble


Investment Insights

Based on property information with market context.

This for-sale triple-net retail property is supported by a recently executed brand-new 15-year lease. The lease includes two 5-year extension options. Rent is structured with 12.5% increases every five years, and there are options to extend at the beginning of each option period.

The property is noted in connection with planned 2026 construction. That future work is described as using high-quality materials, distinct design elements, and high-level finishes, which should contribute to the property’s overall presentation.

The combination of a new long-term lease and periodic contractual increases is designed to provide stability for an owner who is underwriting lease duration and scheduled rent growth. For investors and buyers focused on triple-net fundamentals, the lease term and option structure are key considerations, while the planned 2026 improvements factor into the property’s longer-term physical and market positioning.

Key Highlights

  • For‑sale NNN retail property with a brand‑new 15‑year lease in place
  • Tenant lease includes 2 (5‑year) extension options
  • Scheduled rent increases of 12.5% every 5 years

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center Real Estate Agency Auto Repair Shop Nail Salon Building Supply Auto Parts Store

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

FAQs

What type of property is this?
NNN property - For-sale NNN retail property with a brand-new 15-year lease and scheduled rent increases every five years.
Where is this nnn property located?
The property is located at 9660 W Waters Ave Tampa, FL.
What is the asking price?
The asking price for this property is $7,165,000.
What are key features of this property?
This property features: For‑sale NNN retail property with a brand‑new 15‑year lease in place; Tenant lease includes 2 (5‑year) extension options; Scheduled rent increases of 12.5% every 5 years
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