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7655 38th Ave N 20,792 SF 100% Leased Office Building Saint Petersburg, FL 33710 $7,250,757 CAD ($348.73 CAD/SF)
Investment Highlights
- Located in St. Petersburg, one of Florida’s most established and growing healthcare markets with continued demand for medical office space
- Dense surrounding population with strong demographics, providing a large built-in patient base for medical users
- Established medical corridor with a strong presence of healthcare services, reinforcing the property’s positioning as a medical destination
- Positioned within close proximity to major hospital systems and healthcare providers, supporting strong tenant demand and long-term stability
- Easy access to major roadways and thoroughfares, allowing for convenient patient and employee accessibility from surrounding areas
- Limited supply of large-scale medical properties in the area, creating a barrier to entry and supporting long-term value growth
Executive Summary
Wisdom Capital Group is pleased to present St. Pete Medical Campus, a 20,270 SF medical office
asset situated on 3.27 acres in St. Petersburg, featuring approximately 200 parking spaces, one of
the largest remaining sites in the market. The building offers a highly functional layout with a
central atrium, multiple access points, a large auditorium, and flexible upstairs suites with office,
conference, and kitchen areas, supporting a wide range of medical and professional users. The
property includes in-place income from an existing tenant on a NNN lease, while the remaining
vacancy presents a clear opportunity for lease-up, repositioning, or potential redevelopment,
making this a compelling value-add opportunity in a supply-constrained market.
asset situated on 3.27 acres in St. Petersburg, featuring approximately 200 parking spaces, one of
the largest remaining sites in the market. The building offers a highly functional layout with a
central atrium, multiple access points, a large auditorium, and flexible upstairs suites with office,
conference, and kitchen areas, supporting a wide range of medical and professional users. The
property includes in-place income from an existing tenant on a NNN lease, while the remaining
vacancy presents a clear opportunity for lease-up, repositioning, or potential redevelopment,
making this a compelling value-add opportunity in a supply-constrained market.
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
20,792 SF
Building Class
B
Year Built
1988
Price
$7,250,757 CAD
Price Per SF
$348.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,135 SF
Building FAR
0.15
Lot Size
3.22 AC
Zoning
GO, ST. Pete
Parking
190 Spaces (1.97 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-31-16-93160-000-0010 | Improvements Assessment | $2,521,081 CAD |
| Land Assessment | $1,636,547 CAD | Total Assessment | $4,157,627 CAD |
Property Taxes
Parcel Number
06-31-16-93160-000-0010
Land Assessment
$1,636,547 CAD
Improvements Assessment
$2,521,081 CAD
Total Assessment
$4,157,627 CAD
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7655 38th Ave N
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