14333 58th St N - Office FOR SALE


Clearwater, FL 33760
$2,087,500 USD
727-643-1841
14333 58th St N, Clearwater, FL for Sale
$2,087,500 USD
Office - FOR SALE
1/7
null | 5.83% Cap Rate

14333 58th St N
Clearwater, FL 33760


HIGHLIGHTS

  • 8,600 SF on 2.07 Acres of Land.
  • New NNN Lease with Escalations.
  • About 1 mile from US 19 and about 5 miles from I-275.
  • Substantial amount of parking spaces.
  • Fully AC.
  • Property located in the ICOT Office Park.

OVERVIEW

This 8,600 RSF flex building sits on 2.07 acres and can potentially be expanded to 21,000 SF. It is located in the Icot Business Park which occupies the northwestern corner of the Gateway Submarket. The building is currently 100% occupied by a national dental lab company, generating a $121,795.56 annual NOI with 5 years remaining on a 7-year NNN lease with annual escalations. Tenant pays all expenses, including a 3% management fee and an escrowed parking lot maintenance reserve.

FOR SALE DETAILS

PRICE

$2,087,500 USD

PRICE/SF

$243 USD /SF

CAP RATE

5.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

National Dentex Labs

PROPERTY TYPE

Office

ADD'L SUBTYPES

Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

108

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

N/Av, Clearwater

APN/PARCEL ID

04-30-16-77515-000-1301

ASK ABOUT THIS PROPERTY

Scott ClendeningCommercial Partners Realty, Inc.More Info
727-643-1841

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Scott ClendeningCommercial Partners Realty, Inc.More Info
727-643-1841

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