Mission BBQ NNN
For Sale
Contact for pricing
Pending
5602 W Waters Ave, Tampa, FL 33634
Absolute NNN lease structure places no landlord responsibilities on the owner.
Property SizeContact for details
Days on Market145
Property Features for 5602 W Waters Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
100,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 8:08AM
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 Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple NNN property includes the land and building occupied by a Mission BBQ restaurant. The absolute NNN lease places no landlord responsibilities on the owner. The initial lease term began in 2014 and includes two seven-year extension options, with 10% rent increases scheduled every five years during the initial term and at the start of each option period.
The restaurant sits near the signalized intersection of W. Waters Avenue and Anderson Road, where combined traffic is reported at 100,200 VPD. State Highway 589/Veterans Expressway is less than half a mile away, and Interstate 275 is approximately 5 miles from the property. A Target and Lowe’s Home Improvement-anchored center is within half a mile, while nearby national and credit tenants include Walmart Supercenter, Marshall’s, Whole Foods, Best Buy, and Publix. The surrounding 5-mile trade area includes over 270,000 residents and more than 165,000 employees, with average household income of $91,900.
The restaurant sits near the signalized intersection of W. Waters Avenue and Anderson Road, where combined traffic is reported at 100,200 VPD. State Highway 589/Veterans Expressway is less than half a mile away, and Interstate 275 is approximately 5 miles from the property. A Target and Lowe’s Home Improvement-anchored center is within half a mile, while nearby national and credit tenants include Walmart Supercenter, Marshall’s, Whole Foods, Best Buy, and Publix. The surrounding 5-mile trade area includes over 270,000 residents and more than 165,000 employees, with average household income of $91,900.
Key Highlights
- Fee‑simple ownership includes both the land and building
- Absolute NNN lease with no landlord responsibilities
- 10‑year lease commenced in 2014 with 2 (7‑year) options to extend
Property Analytics
Property Profile
Current Use
Lease Details
100,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 23%
Hotels & Casinos 5%
Home Improvements & Furnishings 3%
Wawa
Shops & Services
54,583 visits/mo
0.3 miles
PDQ
Dining
11,045 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,548 visits/mo
0.1 miles
Mission BBQ
Dining
9,458 visits/mo
0.1 miles
Arby's
Dining
4,239 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
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure places no landlord responsibilities on the owner.
Where is this nnn property located?
The property is located at 5602 W Waters Ave Tampa, FL.
What are key features of this property?
This property features: Fee‑simple ownership includes both the land and building; Absolute NNN lease with no landlord responsibilities; 10‑year lease commenced in 2014 with 2 (7‑year) options to extend
