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Property profile & analytics
OFF-MARKET
Retail space

5710 Waters Ave Tampa, FL 33634-1215

2,130 SF 0.32 ac lot Built 2016
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3495936
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,130 SF
Lot 0.32 ac (13,974 SF)
Zoning code CI
APN U302818ZZZ000000992100
UPID US18-3495936
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
  • AT&T Telecommunications Service
  • Aesthetics Image Consultants Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
G Dynasty Investments LLC · 1 yrs held
G Dynasty Investments LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
$858,000
2023
Price N/A
2017
$931,400
2016
Price N/A
2013
$265,000
2007
Price N/A
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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