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Countryside Colonial Center 2753 State Rd 580 21,955 SF 57% Leased Office Building Clearwater, FL 33761 $4,132,622 CAD ($188.23 CAD/SF) 4.77% Cap Rate
Investment Highlights
- Two-story office complex with ten units and a flexible layout for diverse business needs.
- Ample on-site parking with 75 spaces supporting tenant convenience.
- Positioned within minutes of Tampa Bay’s major employment hubs and Tampa International Airport.
- Located on State Road 580 with direct access to McMullen Booth Road and U.S. Highway 19.
- Surrounded by restaurants, hotels, and retail amenities in Clearwater’s Countryside area.
Executive Summary
Countryside Colonial Center is a two-story professional office property at 2753 State Road 580 in Clearwater. Suite 209, containing 2,626 square feet, is vacant, with additional suites available. This creates an immediate fit for an owner-user and meaningful lease-up upside for a value-add buyer.
Existing tenants provide in-place income, while the current month-to-month lease profile gives a buyer flexibility to renew, re-tenant or reposition portions of the building. The property offers SR 580 frontage, on-site parking, a passenger elevator and a distinctive brick-and-column exterior. It is positioned near US 19, McMullen Booth Road, established residential neighborhoods, retail and restaurants.
The property is offered for sale at $2,999,000. Square footage, occupancy, NOI, roof, HVAC, zoning, and parking are subject to buyer verification during due diligence.
Existing tenants provide in-place income, while the current month-to-month lease profile gives a buyer flexibility to renew, re-tenant or reposition portions of the building. The property offers SR 580 frontage, on-site parking, a passenger elevator and a distinctive brick-and-column exterior. It is positioned near US 19, McMullen Booth Road, established residential neighborhoods, retail and restaurants.
The property is offered for sale at $2,999,000. Square footage, occupancy, NOI, roof, HVAC, zoning, and parking are subject to buyer verification during due diligence.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
21,955 SF
Building Class
B
Year Built
1986
Price
$4,132,622 CAD
Price Per SF
$188.23 CAD
Cap Rate
4.77%
NOI
$197,060 CAD
Percent Leased
57%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,978 SF
Slab To Slab
12’
Building FAR
0.37
Lot Size
1.37 AC
Zoning
O, Clearwater - Office
Parking
75 Spaces (3.42 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Yesner law
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Lorem Ipsum
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 28-28-16-00036-002-0020 | Improvements Assessment | $1,509,939 CAD |
| Land Assessment | $708,576 CAD | Total Assessment | $2,218,514 CAD |
Property Taxes
Parcel Number
28-28-16-00036-002-0020
Land Assessment
$708,576 CAD
Improvements Assessment
$1,509,939 CAD
Total Assessment
$2,218,514 CAD
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Countryside Colonial Center | 2753 State Rd 580
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