CENTERPOINTE

16120 US Highway 19 North Clearwater, FL 33764

  • 178,544 Square Feet
  • Office Retail Institutional
  • For Sale

Summary Description

The CENTERPOINTE building (the “Property”) is a two story, multi-tenant office building comprised of 205,200± gross square feet on 12± acres in Clearwater, Pinellas County, Florida. Originally constructed in 1985, extensive renovations and modernizations totaling over $3,000,000 have been completed over the past three years including fully built-out tenant spaces, a new roof and an upgraded HVAC system. The building is 100% occupied by two creditworthy, long-term tenants: 24-7 Intouch through December 2024 and Keiser University through June 2024. A separate parcel currently used for overflow parking is also included providing the opportunity for additional development.

In addition to the Centerpointe office building in Clearwater, ownership is presenting the Galloway office building located in Altamonte Springs, Florida, which is occupied by 24-7 Intouch on a long-term lease. These properties can be purchased together or separately. See page 12 for more information.

Convenient location, recent renovations, and stable cash flow are only a few of the essential characteristics making this offering an outstanding investment opportunity.

Property Status: Investment Opportunity

Lot Size: 522720 Square Feet

Building Size: 205200 Square Feet

Area Available: 178,544 Square Feet

Features:

  • 100% Leased
  • Long-term Tenants
  • Recent Renovations
  • Stable Cash Flow
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