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650 34th St S 10,316 SF Office Building Saint Petersburg, FL 33711 $5,577,880 CAD ($540.70 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Freestanding Medical Facility In Excellent Condition
- 2nd Gen Dialysis Center + On-Site Generator
- ADA-Compliant Layout With Accessible Entrances, Restrooms, And Patient Flow Corridors
- 10,316± SF on 1.03± AC
- 47 On-Site Parking Spaces | Specialized Plumbing | 3-Phase Power 1060 AMPS
- 2,000+ Planned Apartment Units Along 34th St S Corridor
Executive Summary
For an owner-user, the property delivers a turnkey clinical environment — purpose-built to Fresenius Medical Care's institutional specifications — eliminating the time, cost, and risk associated with ground-up development or shell conversion. For an investor, the property represents a dark NN acquisition opportunity — a freestanding, institutionally built facility with an existing NN lease structure in place, ready to be re-tenanted in a submarket where healthcare demand is growing and purpose-built clinical product rarely becomes available.
The surrounding area is supported by a dense residential population and rising demand for outpatient healthcare services, making the 34th Street corridor an established and high-visibility location for patient-centered medical care. The property's central infill positioning provides convenient access to downtown St. Petersburg and major thoroughfares throughout Pinellas County, enabling efficient patient reach across a broad and growing catchment area.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Chez Fresenius Kidney Care, ils s'engagent avec passion à aider les personnes atteintes d'insuffisance rénale chronique (IRC) et d'insuffisance rénale terminale (ESKD), également connues sous le nom d'insuffisance rénale terminale (IRT), à mener une vie plus pleine et plus active. Fresenius Kidney Care, une division de Fresenius Medical Care, dessert des centaines de milliers de patients dans des milliers de centres à l'échelle nationale. En tant que chef de file mondial dans le domaine des maladies rénales, ils s'efforcent de fournir des soins de la plus haute qualité pour aider les gens à vivre plus longtemps et en meilleure santé.
- South St Petersburg Artificial
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - | ||
| South St Petersburg Artificial | Health Care and Social Assistance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Located along the highly traveled 34th Street South corridor, 650 34th Street South presents an opportunity for both owner-users seeking a move-in-ready clinical facility and investors looking to acquire a freestanding, single-tenant asset structured as a dark NN investment. For an owner-user, the property delivers a turnkey clinical environment — purpose-built to Fresenius Medical Care's institutional specifications — eliminating the time, cost, and risk associated with ground-up development or shell conversion. For an investor, the property represents a dark NN acquisition opportunity — a freestanding, institutionally built facility with an existing NN lease structure in place, ready to be re-tenanted in a submarket where healthcare demand is growing and purpose-built clinical product rarely becomes available. The surrounding area is supported by a dense residential population and rising demand for outpatient healthcare services, making the 34th Street corridor an established and high-visibility location for patient-centered medical care. The property's central infill positioning provides convenient access to downtown St. Petersburg and major thoroughfares throughout Pinellas County, enabling efficient patient reach across a broad and growing catchment area.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 10,316 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 10,316 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 10,316 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Located along the highly traveled 34th Street South corridor, 650 34th Street South presents an opportunity for both owner-users seeking a move-in-ready clinical facility and investors looking to acquire a freestanding, single-tenant asset structured as a dark NN investment. For an owner-user, the property delivers a turnkey clinical environment — purpose-built to Fresenius Medical Care's institutional specifications — eliminating the time, cost, and risk associated with ground-up development or shell conversion. For an investor, the property represents a dark NN acquisition opportunity — a freestanding, institutionally built facility with an existing NN lease structure in place, ready to be re-tenanted in a submarket where healthcare demand is growing and purpose-built clinical product rarely becomes available. The surrounding area is supported by a dense residential population and rising demand for outpatient healthcare services, making the 34th Street corridor an established and high-visibility location for patient-centered medical care. The property's central infill positioning provides convenient access to downtown St. Petersburg and major thoroughfares throughout Pinellas County, enabling efficient patient reach across a broad and growing catchment area.
Property Taxes
| Parcel Number | 23-31-16-76590-021-0040 | Improvements Assessment | $2,230,781 CAD |
| Land Assessment | $509,829 CAD | Total Assessment | $2,740,610 CAD |
Property Taxes
Contacts
-
Scott Clendening -
Jay Billings -
Harrison Gault -
Commercial Partners Realty, Inc.
Presented by
650 34th St S
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