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Hercules Professional Center 701 N Hercules Ave 11,632 SF 70% Leased Office Building Clearwater, FL 33765 $2,651,963 CAD ($227.99 CAD/SF)
Investment Highlights
- Five-tenant office building.
- Daily traffic count of 22,052.
- Staggered lease expirations.
- Owner user opportunity
Executive Summary
Excellent opportunity for a medical practitioner or small group to own and occupy in a well-established, multi-tenant medical office building. This 5-tenant property currently features several established medical tenants, creating an immediate professional medical environment.
One or more suites are currently vacant and ready for immediate occupancy, allowing you to move in and begin practicing with minimal delay. The income from the existing tenants can significantly help offset or fully cover your debt service, providing strong financial support from day one.
The building offers staggered lease expirations, giving you both flexibility and excellent upside potential through future rent increases and growing Net Operating Income (NOI).
Key Highlights:
Prime Location: North Clearwater, directly across from Clearwater Air Park
High Visibility: 22,052 cars per day
Large Site: Over one acre with abundant parking
Low Flood Risk: Located in desirable Flood Zone X
Excellent Signage: Prominent stand-alone pylon sign
This is a rare chance to own your own medical office building in a proven medical location, benefit from built-in tenant income, and position your practice for long-term success and equity growth.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Boutros, Malek
- Health Care and Social Assistance
- -
- -
- -
- Carlton Medical Center
- Finance and Insurance
- -
- -
- -
- Clearwater FL Garage Doors
- Retailer
- -
- -
- -
- Global Funding LLC
- Finance and Insurance
- -
- -
- -
- Professional Medical Billing
- Professional, Scientific, and Technical Services
- -
- -
- -
- Strategic Media Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Boutros, Malek | Health Care and Social Assistance | - | - | - | ||
| Carlton Medical Center | Finance and Insurance | - | - | - | ||
| Clearwater FL Garage Doors | Retailer | - | - | - | ||
| Global Funding LLC | Finance and Insurance | - | - | - | ||
| Professional Medical Billing | Professional, Scientific, and Technical Services | - | - | - | ||
| Strategic Media Inc | Professional, Scientific, and Technical Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite B is 1,701 square feet of medical office space. The office features 4 exam rooms, two rest rooms, large check-in/check-out area and a good-sized break room. In addition, the office features some ancillary space which could be used as lab space or additional storage. The property located in North Clearwater is set on just over an acre of land and has a 4/1 parking ratio. The site has traffic counts more than 22,000 cars per day.
Suite D is 1,583 square feet of medical or professional office space. The office features 5 office/exam rooms, two rest rooms, large check-in/check-out area and a good-sized private office. In addition, the office features some ancillary space which could be used as lab space or additional storage. The property located in North Clearwater is set on just over an acre of land and has a 4/1 parking ratio. The site has traffic counts more than 22,000 cars per day.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste B | 1,701 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste D | 1,583-1,683 SF | Office | - | Now |
1st Fl-Ste B
| Size |
| 1,701 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste D
| Size |
| 1,583-1,683 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste B
| Size | 1,701 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite B is 1,701 square feet of medical office space. The office features 4 exam rooms, two rest rooms, large check-in/check-out area and a good-sized break room. In addition, the office features some ancillary space which could be used as lab space or additional storage. The property located in North Clearwater is set on just over an acre of land and has a 4/1 parking ratio. The site has traffic counts more than 22,000 cars per day.
1st Fl-Ste D
| Size | 1,583-1,683 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Suite D is 1,583 square feet of medical or professional office space. The office features 5 office/exam rooms, two rest rooms, large check-in/check-out area and a good-sized private office. In addition, the office features some ancillary space which could be used as lab space or additional storage. The property located in North Clearwater is set on just over an acre of land and has a 4/1 parking ratio. The site has traffic counts more than 22,000 cars per day.
Property Taxes
| Parcel Number | 12-29-15-98940-001-0030 | Improvements Assessment | $659,225 CAD |
| Land Assessment | $486,865 CAD | Total Assessment | $1,146,090 CAD |
Property Taxes
Presented by
Hercules Professional Center | 701 N Hercules Ave
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