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
Tampa Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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