Target/Lowe's Shadow Strip Center
Value-Add in Prime Tampa Submarket
Marketing description
SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to present to qualified investors a value-add retail center located at 6277-6285 Waters Avenue in Tampa, FL.
This 49,594 SF property sits on 7.17 acres and is sandwiched between Target and Lowe’s at the Water’s Crossing Shopping Center in Northwest Tampa, about six miles north of Tampa International Airport.
The center was built in 1999. The owner has made recent capital improvements including roof repairs, HVAC replacements and parking lot resealing and restriping. Most tenants, including anchor Office Depot, are on short-term leases, allowing a future owner to re-tenant or redevelop the property.
Investment highlights
Value-Add Opportunity in Prime Tampa Corridor.
Situated between Target and Lowe’s.
Huge traffic count on Waters Ave (81,593 vpd).
Located directly off of Veterans’s Expy.
Tall pylon signage at shopping center entrance.
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