Multi-Tenant Office Building | Clearwater, FL
For Sale
Multi-Tenant Office Building | Clearwater, FL
Asking Price: $1,300,000
| Cap Rate: 5%
- Net Operating Income: $64,988
- Lease Type: Modified Gross
Property Highlights
- 78% leased multi-tenant office building; perfectly suited for medical office tenants
- Prime location in Clearwater near Downtown District
- Excellent visibility with over 33,000 VPD on Court St
- Value add opportunity: 22% Vacancy, below market rent, and expense reimbursement through net-lease conversion