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1395 West Bay Dr 4,228 SF Office Building Largo, FL 33770 $1,709,412 CAD ($404.31 CAD/SF) 7.13% Cap Rate



Executive Summary
Pediatric Associates has a large presence in Florida with over 95 locations across the state, making it Florida's largest private pediatric practice.
Costs associates with taxes, maintenance, preservation, repair operation and insurance shall be payable by Tenant
Newly extended 3 year lease beginning March 1, 2026.
This medical office building is well located in the Largo Medical Arts District at the Southeast corner of the traffic light intersection of West Bay Drive and 14th Street SW in Largo, Florida
Costs associates with taxes, maintenance, preservation, repair operation and insurance shall be payable by Tenant
Newly extended 3 year lease beginning March 1, 2026.
This medical office building is well located in the Largo Medical Arts District at the Southeast corner of the traffic light intersection of West Bay Drive and 14th Street SW in Largo, Florida
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$130,152
|
$30.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$130,152
|
$30.78
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $130,152 |
| Annual Per SF | $30.78 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $130,152 |
| Annual Per SF | $30.78 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,228 SF
Building Class
B
Year Built
1984
Price
$1,709,412 CAD
Price Per SF
$404.31 CAD
Cap Rate
7.13%
NOI
$121,947 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,228 SF
Building FAR
0.17
Lot Size
0.57 AC
Parking
28 Spaces (6.62 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Reception
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Pediatric Associates
- -
- 4,228 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Pediatric Associates | - | 4,228 SF | - | Triple Net | - |
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | 33-29-15-31734-002-0030 | Improvements Assessment | $326,318 CAD (2025) |
| Land Assessment | $509,383 CAD (2025) | Total Assessment | $835,701 CAD (2025) |
Property Taxes
Parcel Number
33-29-15-31734-002-0030
Land Assessment
$509,383 CAD (2025)
Improvements Assessment
$326,318 CAD (2025)
Total Assessment
$835,701 CAD (2025)
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1395 West Bay Dr
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