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

Property Image
SOLD
$3,060,000
Don McMinn
Ryan Nee
Andrew Koriwchak

Florida

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Retail2,500 SF
Sold 10/23/2025
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Property Image
SOLD

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

6331 West Waters Avenue

See Similar Deals
Retail2,500 SF
Sold 10/23/2025
Don McMinn
Ryan Nee
Andrew Koriwchak
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,224
Total Square Footage:2,500 SF
Transaction Type:Sale

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
Ryan Nee
21 deals$384.6M volume
BROKER
Don McMinn
Marcus & Millichap
Don McMinn
16 deals$54.4M volume
BROKER
Andrew Koriwchak
Marcus & Millichap
Andrew Koriwchak
5 deals$16.2M volume(770) 634-2972
BROKER

Details

SOLD
IMAGE: Don McMinn, Andrew Koriwchak & Ryan Nee DATE: 10/23/2025 ADDRESS: 6331 West Waters Avenue MARKET: Tampa ASSET TYPE: Retail BROKERS: Don McMinn (@Donimal1984), Andrew Koriwchak (@AndrewKoriwchak) & Ryan Nee - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $3,060,000 SF: 2,500 ~ PPSF: $1,224 NOTE: A 2,500-square-foot Pollo Campero restaurant at 6331 W. Waters Ave. in Tampa sold for $3.06 million in a 1031 exchange to a Westwood, New Jersey investor. The sellers, two LLCs from California and Tennessee, were represented by Marcus & Millichap’s Don McMinn, Andrew Koriwchak and Ryan Nee in the sale of the newly built property under a 15-year corporately guaranteed ground lease.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$163,200.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,871.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,505.96
Annual Debt Service$174,071.53