facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

6331 West Waters Avenue

Marcus & Millichap Represents Sellers In Pollo Campero Sale For $3.06M In Tampa
SOLDRetail

Marcus & Millichap Represents Sellers In Pollo Campero Sale For $3.06M In Tampa

6331 West Waters Avenue

$3,060,000

$1,224/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Oct 23, 2025

AI

A 2,500-square-foot Pollo Campero restaurant located at 6331 West Waters Avenue in Tampa has been sold for $3.06 million. This transaction was completed through a 1031 exchange, involving a Westwood, New Jersey investor. The property was newly built and is under a 15-year corporately guaranteed ground lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,060,000
  • Square Footage: 2,500
  • Price Per Square Foot: $1,224
  • Address: 6331 West Waters Avenue
  • Market: Tampa
  • Sellers: Two LLCs from California and Tennessee
  • Brokers: Don McMinn, Andrew Koriwchak & Ryan Nee - Marcus & Millichap

The sellers were represented by brokers from Marcus & Millichap, who facilitated the sale of the property, highlighting their expertise in handling commercial real estate transactions.

Players

Ryan Nee

Marcus & Millichap

Broker

$384.6M

vol

21 deals

Broker

Tampa Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.18%

Cash-on-Cash

-1.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93