INVESTMENT OFFICE BUILDING

Office for Sale
Catylist Listing ID: 30723310
Property Subtypes: Office Building
Building Size (RSF): 43,535 SF
Gross Building Area: See Agent
Gross Land Area: 1.92 Acres
Sale Price: $5,600,000
Unit Price: $128.63 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Average Occupancy Rate: 100
Last Updated: 7/16/2021

Overview / Comments

Five-story office building in central Clearwater area of Re-Gentrification. Home to UMA (United Medical Education Inc.,) Consumer Energy Solution and Blue Streak Docs. The building is fully leased and has been renovated with new cooling tower and roof, within the last 5 years.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 15 29 15 38574 002 0140
Zoning: DOWNTOWN
Property Located Between: SEC of Cleveland St, & Lincoln Ave.
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 8,700 SF
Year Built: 1968
Year Renovated: 2010
Construction/Siding: Block
Parking Ratio: 4.2 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 184
Zoning Description: Downtown
Lot Frontage: 180
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,095 113,883 262,646
Median Age: 39.03 44.66 46.42
Households: 8,612 50,402 120,438

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