Office Properties for sale in Clearwater, Florida, offer a unique opportunity for investors to capitalize on the city's growing economy and desirable location. As a hub for tourism, healthcare, and marine sciences, Clearwater provides a diverse range of industries that support a strong commercial real estate market. Office Properties in Clearwater can represent a variety of investments, from single-story buildings to multi-tenant high-rises, each with its own unique characteristics and potential for return on investment. With its prime location on the Gulf of Mexico, Clearwater offers a range of amenities, including beautiful beaches, a strong infrastructure, and a highly educated workforce. The city is also home to major employers like Morton Plant Hospital, Tech Data, and Honeywell, making it an attractive location for businesses. Additionally, Clearwater's ongoing downtown redevelopment and attractions like BayCare Ballpark and Coachman Park make it a great place for business and travel.
With 58 Office Properties for sale in Clearwater, investors have a range of options to choose from. The average price per square foot for Office Properties in Clearwater is $288 USD, with an average size of 7,878 square feet and a largest size of 40,872 square feet. The average cap rate for Office Properties in Clearwater is 7.76%. In addition to Office Properties, Clearwater also offers a range of other commercial real estate options, including Commercial Real Estate, which can provide a steady stream of income through rental properties; Apartment Buildings, which offer a unique opportunity for investors to capitalize on the city's growing population; Shopping Centers, which provide a hub for retail and commercial activity; and Hotels, which cater to the city's thriving tourism industry. With its strong economy, desirable location, and range of commercial real estate options, Clearwater is an attractive location for investors looking to capitalize on the city's growth.
What is the average price per square foot for office properties in Clearwater?
The average price per square foot for office properties in Clearwater is $288 USD, with an average size of 7,878 square feet and a largest size of 40,872 square feet, among the 58 available listings.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Clearwater, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed decision that meets your business needs.
- Class A office properties are typically high-rise buildings with top-notch amenities, modern infrastructure, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer a balance between quality and affordability, providing functional spaces with standard amenities, suitable for a wide range of businesses, and are often located in decent areas.
- Class C office properties are generally older, less renovated buildings with limited amenities, and may be located in less desirable areas, making them more affordable but potentially requiring more renovation and upkeep.
