1250 Rogers St - Office FOR SALE


Clearwater, FL 33756
$1,300,000 USD
727-482-2818
1250 Rogers St, Clearwater, FL for Sale
$1,300,000 USD
Office - FOR SALE
1/9
null | 10.17% Cap Rate

1250 Rogers St
Clearwater, FL 33756


HIGHLIGHTS

  • 12-UNIT OFFICE CENTER
  • SPANISH GARDEN ARCHITECTURE
  • ALL TENANTS ON MONTH TO MONTH EXCEPT FOR TWO
  • PROPERTY COMES WITH TWO OVERSIZED PARKING-LOTS
  • ADD VALUE PROPERTY WILL BRING DOUBLE DIGIT CAP RATE
  • SEPARATE ELECTRIC METERS

OVERVIEW

a strategically positioned 12 unit office building priced aggressively. Investors will have substantial upside potential, coupled with a proforma double-digit capitalization rate. Nestled in the heart of Clearwater minutes from the beach, this property not only offers a prime location but also a lucrative return on investment. Sought-after coastal destination with a competitive purchase price and significant growth prospects, making it an ideal venture for savvy investors seeking a strategic and lucrative addition to their portfolio. Downtown Clearwater is home to an exciting project called Imagine Clearwater, where the city is investing $84 million in the downtown waterfront, the celebration to this project will begin on June 28th with an entire week of events ending with the fireworks of the 4th of July as the grand finale! "The park is designed to connect the waterfront with downtown and will include a gateway plaza and bluff walk, 19 acres of park space, a pedestrian promenade along the Intracoastal Waterway, and a playground with splash pad. A focal point will be the 4,000-seat covered amphitheater with lawn space for 5,000 people. Ruth Eckerd Hall, which will operate the facility, last week unveiled the name of the venue will be The Sound." - Tampa Bay Times

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

10.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

12 UNIT OFFICE COMPLEX 10%+ CAP PROFORMA

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

P-1, Clearwater

APN/PARCEL ID

15-29-15-38574-017-0120

ASK ABOUT THIS PROPERTY

George WilliamGrimaldi Commercial Realty Corp.More Info
727-482-2818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

George WilliamGrimaldi Commercial Realty Corp.More Info
727-482-2818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.