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National ChainsDepartment Store AnchorsMid-Market FashionCinema & LeisureQuick-Service Dining

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Ultra-Luxury PositioningBudget BrandsSmall Format Retail
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WestShore Plaza is an enclosed regional shopping center located at 250 WestShore Plaza, Tampa, FL 33609, in the heart of the Westshore business district. The property spans approximately 1.09 million square feet of gross leasable area, featuring over 100 retailers. Anchor tenants include Macy's, JCPenney, and Dick's Sporting Goods, complemented by specialty stores such as H&M, Old Navy, LOFT, Francesca's Collection, New Balance, and Sunglass Hut.

Dining options encompass Besito Mexican, Bourbon Street Cafe, and Caribbean Paradise Smoothies, with entertainment via AMC 14 Theatres. The mall benefits from three parking structures offering 2,815 spaces. In the Westshore submarket, characterized by 35 shopping centers totaling over 8 million square feet, the area maintains a low vacancy rate of 1.3% as of Q2 2025, with asking rents at $38.94 per square foot NNN, reflecting a 4.8% year-over-year increase.

Retail sales in the district grew 6.4% from Q1 2023, outperforming the Tampa Bay average by 47%. Demographics include an affluent population with median household income exceeding $85,000, driven by 105,000 local employees in professional services and finance.

Accessibility is strong via Interstate 275 and proximity to Tampa International Airport, supporting high footfall from commuters and tourists.

Leasing advantages include stable occupancy around 94% for enclosed malls, positive net absorption of +40,474 square feet in Westshore, and a supply-constrained market with minimal new construction. However, the property is approved for redevelopment as 'Westshore 54,' a 54-acre mixed-use project, introducing potential operational disruptions but long-term opportunities in a growing metro with 3.7% population increase.

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Hours of Operation

Hours

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Monday11:00 AM — 08:00 PM
Tuesday11:00 AM — 08:00 PM
Wednesday11:00 AM — 08:00 PM
Thursday11:00 AM — 08:00 PM
Friday10:00 AM — 09:00 PM
Saturday10:00 AM — 09:00 PM
Sunday12:00 PM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

250 WestShore Plaza, Tampa, United States

Insights

Demographics and Accessibility

The Westshore district targets affluent professionals and families, with a trade area population of about 1.2 million and median household income over $85,000, higher than the Tampa average. Daytime population swells due to 105,000 employees in business services. Accessibility via I-275 and SR 60 facilitates over 50 million annual vehicle miles nearby, enhancing footfall for retailers. Proximity to Tampa International Airport (2 miles) draws travelers, but traffic congestion during peak hours poses access challenges, potentially impacting impulse shopping.

Tenant Mix and Occupancy

Tenant mix balances department stores, fashion apparel (H&M, Old Navy), sporting goods (Dick's), and dining, appealing to middle-to-upper-income shoppers. Enclosed mall vacancy stands at 6.2% region-wide, implying 93.8% occupancy, though WestShore Plaza's rate may be influenced by redevelopment preparations, excluding it from some submarket figures at 98.6% overall. Operational quality includes modern amenities and events, but aging infrastructure in parts could require investments. Strong preleasing in the pipeline supports leasing stability.

Competition and Market Risks

Competition arises from upscale International Plaza (1 mile away) with luxury brands, diverting high-end traffic, and emerging mixed-use developments like Midtown Tampa. Market saturation in fashion categories exists, but low regional vacancy of 3.5% and robust absorption indicate demand. Redevelopment approval for Westshore 54 introduces risks of temporary closures or tenant relocations, potentially weakening short-term performance amid rising rents (up 35% over five years). Positive factors include 2.0% retail sales growth and investment sales at $270 per square foot.

Building Details

Property Type
Regional
Gross Leasable Area
98,433
Year Built
1967
Parking Spaces
2500
Average Monthly Footfall
375,000
Owner
Washington Prime Group
Anchor Tenants
JCPenney, AMC Theatres, Dick's Sporting Goods

Detailed Market Analytics

Primary Catchment Area
5 Miles
Secondary Catchment Area
10 Miles
Catchment area population
150,000 People
Population growth rate
2.5 %
Median age
35.6 Years
Household size
2.6 Persons
Education level (tertiary)
40.0 %

Median household income
$105,000 USD
Unemployment rate
4.0 %
Cost of living index
102 Index

Retail spending per capita
$1,800 USD
Spending on apparel
$450 USD
Spending on groceries
$3,200 USD
Spending on electronics
$600 USD

Annual foot traffic
4,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
$450 USD

Number of retail stores
100 Stores
Anchor tenant presence
Yes Boolean
Competitor density (same category)
Medium Level
Tenant diversity
High Level
Unique Concepts
Yes Boolean

Gross Leasable Area
98,433 sqm
Number of Levels
2 Levels
Average rent per square meter
$412 USD
Vacancy rate
1.4 %
Lease term flexibility
Medium Level
Available retail space
4,645 sqm

Proximity to main roads
High Level
Public transport access
Yes Boolean
Parking spaces
2,500 Spaces
Pedestrian traffic
Medium Level

E-commerce competition
High Level
Click-and-collect adoption
High Level
Internet penetration
92.0 %

Retail crime rate
Low Level
Security measures
Comprehensive Level

Promotional events
Multiple Events
Loyalty program penetration
Medium Level
Digital signage presence
Yes Boolean

Projected foot traffic growth
15.0 %
New tenant pipeline
Active Status
Mall expansion plans
3,500,000 Sq ft
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