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