Triple-Net Retail
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
(813) 434-8278
Listed by
William Wamble · License #FL SL3257920
(813) 434-8278
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.
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
Similar For Sale Nearby
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