Listed by Atlantic Commercial Group, Inc.
$11,750,000
Feather Sound
Details
Property Type Office
Sub Type Executive Office
Square Footage 84,300
Cap Rate 11.06%
Occupancy 83%
Brand/Tenant iHeart Media
Price per SqFt $145
Class A
Year Built 1986
Buildings 2
Stories 6
Acreage 7.000
Zoning CP1
Investment Type Value Add
Occupancy Date 02/23/2026
Class "A" Office Building For Sale | 11.06% CAP | 84,300 SqFt
Marketing description
On behalf of ownership, Atlantic Commercial Group, Inc., as the exclusive agent, is pleased to present for sale the Feather Sound Corporate Center, an ±80,236 square foot Class A office property located at 13577 Feather Sound Drive in Clearwater, FL. Built in 1986 and recently renovated, the Property sits on ±7 acres of land located immediately adjacent to the Grassy Creek Conservation Area with immediate access to I-275.
The Property offers modern, light and bright office spaces featuring a glass atrium lobby and ample parking for all tenants, employees and invitees. The Feather Sound Corporate Center also offers an on-site café and beautiful and tranquil garden courtyard for all tenants.
Investment highlights
- Value Add Opportunity
- Below Replacement Cost
- Stabilized Cash Flow with Diverse Tenant Mix
Listing Contacts
Listed by Atlantic Commercial Group, Inc.
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