5710 Waters Ave Tampa, FL 33634-1215
This exceptional investment opportunity presents a 2,130-square-foot freestanding retail storefront located at 5710 W Waters Ave, Tampa, FL 33634. The property boasts a 5.71% cap rate and is currently 100% occupied by a single tenant under a triple-net (NNN) lease. The lease has approximately two years remaining, with a five-year option. Situated on a prominent corner lot at the intersection of W. Waters Avenue and Veterans Expressway, two major thoroughfares in Hillsborough County, this location ensures high visibility and accessibility. Built in 2016, the building offers excellent condition and benefits from its position within a high-traffic area. The tenant is a well-established, large-scale operator with a significant presence in the market. This property presents a compelling investment opportunity due to its strong tenant, favorable lease terms, and prime location in a thriving Tampa market. The below-market rent provides significant upside potential for future income growth. This is a rare chance to acquire a stable, high-performing retail asset with considerable long-term value.
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AT&T Store Mobile Phone Store Electronics & Wireless Store
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AT&T Telecommunications Service
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Aesthetics Image Consultants Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CI · Tampa, FLTampa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.