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701 N Hercules Ave
Clearwater, FL 33765
Hercules Professional Center · Office Property For Sale
Investment Highlights
- Five-tenant office building.
- Daily traffic count of 22,052.
- Staggered lease expirations.
- Stabilized investment opportunity delivering consistent income and long-term growth.
Executive Summary
Five-tenant office building for sale with a majority of medical users in place. Staggered lease expirations provide flexibility and upside through future rent increases and NOI growth. Ideally located in north Clearwater across from Clearwater Air Park, with a daily traffic count of 22,052. A stabilized investment opportunity delivering consistent income and long-term growth.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
11,632 SF
Building Class
B
Year Built
1985
Price
$1,900,000
Price Per SF
$163.34
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,632 SF
Building FAR
0.25
Lot Size
1.05 AC
Zoning
O, Clearwater - Medical or professional office use.
Parking
45 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 12-29-15-98940-001-0030 | Improvements Assessment | $474,536 |
| Land Assessment | $350,464 | Total Assessment | $825,000 |
Property Taxes
Parcel Number
12-29-15-98940-001-0030
Land Assessment
$350,464
Improvements Assessment
$474,536
Total Assessment
$825,000
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