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16681819
16681820

8588 Starkey Rd, Seminole, FL 33777

VIP Executive Realty, LLC
Listed by VIP Executive Realty, LLC
$2,200,000
788 days on market
Updated 74 days ago

Starkey Health Clinic Plaza

Details
APN 26-30-15-70740-100-0101
Property Type Office
Sub Type Medical Office
Square Footage 7,760
NOI $63,135
Occupancy 88%
Tenancy Multi
Brand/Tenant LabCorp
Lease Type Modified
Pro-Forma Cap Rate 3.55%
Pro-Forma NOI $77,994
Price per SqFt $284
Class C
Year Built 1987
Year Renovated 2019
Buildings 1
Stories 1
Acreage 0.730
Zoning RM
Parking Spaces 4 per 1,000 sq ft
Investment Type Stabilized
Ownership Fee Simple

Seminole FL Medical Office Building with LabCorp as the anchor tenant.

Marketing description

Introducing the Starkey Health Clinic Medical Office Building in Largo, located at 8588 Starkey Road in the vibrant city of Seminole. This prime office space is strategically positioned in the heart of a healthcare hub, surrounded by six major medical centers including Northside Hospital, St. Pete General, The VA Center, Largo Medical Center, The Heart & Vascular Institute, and HealthSouth Rehab Hosp. LabCorp, Orthodontist Specialist of Florida and Life Adventures Counseling are all stable tenants providing a comfortable return on your investment. One small 1,000sf space currently available for lease. In addition to its exceptional medical network, this property boasts a desirable location near two elementary schools, a middle school, a high school, an assisted living facility, three churches, and a variety of dining options. This bustling neighborhood offers a perfect blend of convenience and community, making it an ideal setting for any medical practice or healthcare-related business. Don't miss this rare opportunity to secure a prominent presence in this dynamic area. Elevate your business with this exceptional Medical Office Building in Largo - a cornerstone of success in the heart of Seminole.

Contact Michelle Bible @ 813-475-6019 for more information.

Investment highlights

Situated in the center of six medical centers:

Northside Hospital, St. Pete General, The VA Center, Largo Medical Center, The Heart & Vascular Institute, HealthSouth Rehab Hosp.

Neighbors include two elementary schools, a middle school and high school, an assisted living facility, three churches and plenty of restaurants.

Listing Contacts

VIP Executive Realty, LLC
Listed by VIP Executive Realty, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$63,135.00
$5,261.25/mo

Valuation Metrics

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DSCR
2.87%
Cap Rate
2.87%
ROI

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