650 34th St S, St. Petersburg, FL 33711

Located along the highly traveled 34th Street South corridor, 650 34th Street South presents an opportunity for both owner-users seeking a move-in-ready clinical facility and investors looking to acquire a freestanding, single-tenant asset structured as a dark NN investment.

For an owner-user, the property delivers a turnkey clinical environment — purpose-built to Fresenius Medical Care's institutional specifications — eliminating the time, cost, and risk associated with ground-up development or shell conversion. For an investor, the property represents a dark NN acquisition opportunity — a freestanding, institutionally built facility with an existing NN lease structure in place, ready to be re-tenanted in a submarket where healthcare demand is growing and purpose-built clinical product rarely becomes available.

The surrounding area is supported by a dense residential population and rising demand for outpatient healthcare services, making the 34th Street corridor an established and high-visibility location for patient-centered medical care. The property's central infill positioning provides convenient access to downtown St. Petersburg and major thoroughfares throughout Pinellas County, enabling efficient patient reach across a broad and growing catchment area.