2362 Sunset Point Rd - Medical FOR SALE


Clearwater, FL 33765- North Clearwater
$2,075,000 USD
727-797-0888
2362 Sunset Point Rd, Clearwater, FL for Sale
$2,075,000 USD
Medical - FOR SALE
1/1
null | 5.47% Cap Rate

2362 Sunset Point Rd
Clearwater, FL 33765
North Clearwater


HIGHLIGHTS

  • Fully occupied office building with healthcare-oriented tenants including BayCare Medical Group.
  • Recently renovated in 2019, the property features modern finishes and upgraded infrastructure.
  • Prime frontage along Sunset Point Road, a major corridor with high visibility and traffic volumes.
  • Excellent parking capacity providing approximately 8.57 spaces per 1,000 SF.
  • Immediate access to key transportation arteries including US-19 and Gulf-to-Bay Boulevard.
  • Located in a thriving region supported by robust population growth and a strong medical services base.

OVERVIEW

Harris & Company is pleased to exclusively offer for sale 2362 Sunset Point Road, a fully leased professional office investment located in the heart of Clearwater, Florida. This 6,880-square-foot office building is strategically positioned along one of Pinellas County’s primary east-west corridors, providing exceptional visibility, accessibility, and long-term investment stability. The property is 100% occupied by established with a real estate office, estechian services, financial planning, dentist office and BayCare Medical Group and BayCare Laboratories, creating a strong healthcare-oriented tenancy profile in one of Tampa Bay’s most desirable office submarkets. The building underwent significant renovations in 2019 and offers ample parking with approximately 8.57 spaces per 1,000 square feet, exceeding typical office parking ratios. 2362 Sunset Point Road benefits from its central Clearwater location, providing immediate access to US Highway 19, McMullen Booth Road, Belcher Road, Gulf-to-Bay Boulevard, and major employment centers throughout Pinellas County. The property serves a densely populated residential base and is surrounded by medical offices, professional services, retail amenities, and healthcare facilities. Sunset Point Road is one of Clearwater’s primary commuter corridors, carrying approximately 35,000+ vehicles per day, providing excellent exposure and accessibility for tenants and visitors alike. The North Pinellas office submarket continues to outperform many secondary office markets, maintaining a vacancy rate of approximately 9.6% with average office rents approaching $28.00 per square foot. Limited new office construction and continued demand from healthcare and professional service users support long-term occupancy and rental growth prospects. The Tampa Bay region remains one of Florida’s fastest-growing metropolitan areas, with a population exceeding 3.4 million residents and continued growth driven by healthcare, professional services, financial services, and technology sectors. Education and healthcare continue to be among the region’s strongest employment drivers, supporting demand for medical and professional office space. Investment Highlights • Fully leased investment opportunity • Stable healthcare-oriented tenant roster • Strong in-place cash flow • Renovated building (2019) • Excellent parking ratio of 8.57 spaces per 1,000 SF • Prominent Sunset Point Road frontage • Approximately 35,000+ vehicles per day • Central Clearwater location with immediate access to major transportation corridors • Located within the highly desirable North Pinellas office submarket • Strong demographics and long-term population growth throughout the Tampa Bay region Property Summary Address: 2362 Sunset Point Road, Clearwater, FL Building Size: 5,834 SF Property Type: Office Year Built/Renovated: 1972 / 2019 Occupancy: 100% Leased Parking: 50 Spaces Tenants: BayCare Medical Group & BayCare Laboratories, Sunset Point Denistry, Retire Pro and Bonomo Realty. 2362 Sunset Point Road offers investors the opportunity to acquire a stabilized, income-producing office asset with quality healthcare tenancy in one of Tampa Bay’s most established and sought-after commercial corridors.

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

5.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

06-29-16-02844-000-0200

ASK ABOUT THIS PROPERTY

David HarrisHarris & CompanyMore Info
727-797-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David HarrisHarris & CompanyMore Info
727-797-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.