3220 N McMullen Booth Rd
Clearwater, FL 33761
Office Property For Sale

Positioned directly across from Mease Countryside Hospital, this fully leased medical office building presents a rare opportunity to acquire a stabilized healthcare asset in one of Tampa Bay’s most sought-after medical corridors. Built in 2020 with final tenant buildout completed in 2024, the property spans 2.04 acres and features three first-generation tenants: Eyecare Physicians of Pinellas, Quest Diagnostics, and American Oncology Network. Each suite was custom-designed to meet the operational needs of its occupant, ensuring long-term tenancy and consistent income.
The building offers excellent visibility along McMullen Booth Road with signalized ingress and egress, monument signage, and abundant parking including 72 onsite spaces and 120 shared adjacent spaces. Located within the Clearwater/Safety Harbor submarket, the site benefits from proximity to retail, dining, and residential communities, as well as easy access to Tampa International Airport and major highways.
Florida’s favorable tax climate, including no state income tax, enhances investor returns. The Tampa Bay Metro continues to attract healthcare and life sciences companies, supported by a strong talent pool and collaborative business environment. With a current net operating income of $480,129 and a 5% cap rate, this property offers immediate cash flow and long-term upside in a high-demand medical market.