Riptide Car Wash
For Sale
Contact for pricing
Pending
5416 W Waters Ave, Tampa, FL 33634
An absolute NNN lease places zero landlord responsibilities on the owner.
Property SizeContact for details
Days on Market144
Property Features for 5416 W Waters Ave
General Information
Standard status
Pending
Property subtype
Special Purpose
Site & Location
Traffic Count
100,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners New York
(973) 632-1386
Listed By:
Britt Raymond · License #NY 10491212709
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 4:25AM
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 SRS Real Estate Partners New York
Investment Insights
Based on property information with market context.
This car wash is offered with fee simple ownership of both the land and building. At closing, the tenant is scheduled to enter a new 20-year lease with six 5-year extension options. The absolute NNN structure assigns zero landlord responsibilities, while 1% annual rent increases apply during the initial term and option periods.
The property is positioned near the signalized junction of W Waters Avenue and Anderson Road, where combined traffic exceeds 100,000 vehicles daily. It also benefits from nearby direct access to Veterans Expressway, which reports 73,000 VPD. Significant street frontage and a large monument sign provide prominent exposure. The surrounding trade area includes multifamily communities, major retailers, over 283,000 residents, and 165,000 employees within 5 miles.
The property is positioned near the signalized junction of W Waters Avenue and Anderson Road, where combined traffic exceeds 100,000 vehicles daily. It also benefits from nearby direct access to Veterans Expressway, which reports 73,000 VPD. Significant street frontage and a large monument sign provide prominent exposure. The surrounding trade area includes multifamily communities, major retailers, over 283,000 residents, and 165,000 employees within 5 miles.
Key Highlights
- New 20‑year lease with 6 (5‑year) extension options
- Absolute NNN structure with zero landlord responsibilities
- 1% annual rental increases during the initial term and option periods
Property Analytics
Current Use
Lease Details
100,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 36%
Hotels & Casinos 12%
Home Improvements & Furnishings 8%
7-Eleven
Shops & Services
9,548 visits/mo
0.2 miles
Mission BBQ
Dining
9,458 visits/mo
0.2 miles
Arby's
Dining
4,239 visits/mo
0.3 miles
Devon Self Storage
Shops & Services
3,238 visits/mo
0.2 miles
U-Haul Moving & Storage at West Waters Ave
Shops & Services
3,212 visits/mo
0.1 miles
Demographics for 33634, FL
21,465
Population
8,219
Households
2.6
Avg Household Size
39
Median Age
28%
College-Educated
89%
High-School Grad
8.4 sq mi
ZIP Area
2,555
Density / Sq Mi
$69,185
Median Household Income
$37,539
Median Earnings
$1,719
Median Rent
$310,900
Median Home Value
Market
Vacancy Rate% for Retail in Tampa, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - An absolute NNN lease places zero landlord responsibilities on the owner.
Where is this car wash located?
The property is located at 5416 W Waters Ave Tampa, FL.
What are key features of this property?
This property features: New 20‑year lease with 6 (5‑year) extension options; Absolute NNN structure with zero landlord responsibilities; 1% annual rental increases during the initial term and option periods
