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20370585
20370604

5223 Park Blvd, Pinellas Park, FL 33781

NW
FL 499932
Vector Commercial Real Estate
Listed by Vector Commercial Real Estate
$1,995,000
598 days on market
Updated 46 days ago

Park Boulevard Two-Story Office

Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 5,730
Lease Term 2
Year Built 1973
Year Renovated 2022, 2024
Stories 2
Lot Size (SqFt) 9,967
Zoning B-1
Parking Spaces 19 spaces
Parking Per SqFt 3.32
Investment Type Owner/User
Occupancy Date 10/15/2024

Office | 5,730 SF

Marketing description

This 5,730 SF two-story office property on Park Boulevard went through a complete remodel in 2011, including 4 new air conditioning systems, 2 new large bathrooms/handicapped equipped with a shower (x1) (first floor), both floors wired for internet, full kitchen with new appliances and new front building facade. This location offers excellent exposure & visibility with prominent LED signage, drawing 60,000 vehicles daily. It provides ample parking with 19 spaces. The first floor, measuring 2,850 SF is currently occupied by the owner’s law firm, while the second floor is 2,880 SF and is leased through July 31, 2026.

Investment highlights

  • Remodel included addition of front lobby with all access conference room with secondary office space, which is leased

  • Entire 2nd floor leased through july 31, 2026 with 2-year renewal option

  • Super safe building structure: concrete block building supported by second floor concrete over steel frame

    High elevation of building is safe from flooding, 16 ft. above sea level

  • New custom miami-dade hurricane rated windows, front facade windows & glass doors 2022

  • New 30-year roof surfacing done just beFore solar installation 2022

  • New oversized rooftop solar panel array - 100 panels (building rated for 60) 2022

  • No electric bill except for basic duke energy line usage fee

  • New tesla battery backup system (x2) for building outages & storms 2022

  • New interior & exterior paint 2021

  • Parking lot resurface 2021

  • New high efficiency thermostats x4 2024

  • New sign including led panels expected end of 2024

  • Direct park blvd frontage with 60,000 vehicles per day

  • Large parking lot including alley access with 4 rear parking spots

  • New water heater 2023

  • Monitored security system, surveillance camera system, maglock door security system

  • Air conditioning under revolving maintenance contract in perfect working condition

  • Fully furnished

Listing Contacts

NW
FL 499932
Vector Commercial Real Estate
Listed by Vector Commercial Real Estate

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