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16120 N Us Hwy 19
Clearwater, FL 33764 Upper Largo

$51,298 USD/MO

Office For Lease  •  123,116 SF

Property Details

  • Property Type Office
  • Year Built 1985
  • Total Building Size 178,544 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning R/OG
44 Transit Score
52 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Office 123,116 SF $5.00 USD/SF/YR
  • Date available: Now
  • Lease term: None
  • Service type: Triple Net
  • Space Type: Sublet

Description

Commercial Real Estate Professionals, Inc and Mark Allen are pleased to present this 61,558 to 123,116(+-) SF Sub-Lease Available! Located at 16120 North US Highway 19 (Centerpointe) Office – Bayside Submarket, Clearwater, Florida 33764.
The Building Size is178,544 SF with 61,558 – 123,116 Available.

Sub-Lease Terms and Conditions: Estimated Tenant NNN Lease: CAM and Utility Expenses: $620,000(+/-) annually = Approximately $5 (+-) PSF 
Approximately 2 (+/-) years remaining on the Lease: A single Tenant can Sub-Lease 50% of the building (61,558 SF) at $5 NNN = $307,790 plus $5 PSF for CAM and Utilities 
The Tenant would get the remaining 50% balance of the 61,558 SF for $1 PSF ($61,558) plus the $5 PSF for CAM and Utilities 
This Creative Sub-Lease scenario would produce approximately $984,928(+-) annually in offset to the current overall lease costs. 
** It would be a NNN Lease and there would be No Rent Abatement/Free Rent and NO Tenant Improvement Allowance. 
***Annual Escalation: Base Rent would remain the same and CAM and Utilities would increase based upon any increase of NNN expenses

Highlights

Building Size: 178,544 SF
Estimated Tenant NNN Lease: CAM and Utility Expenses: $620,000(+/-) annually + CAM
Cam Fee: $5.00/PSF
Sub Lease: Approximately 2 (+/-) years remaining on the Lease
Excellent US Highway 19 Frontage
NNN Lease

Amenities

  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
24-7 Intouch 12/31/2027
Keiser University Seahawks 12/31/2024

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 17 min - 6.6 mi
Tampa International 29 min - 17.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 801
Type: Surface
Included in Rent: Yes
Mark Allen 321-689-8000 Commercial Real Estate Professionals, Inc
Mark Allen 321-689-8000 Commercial Real Estate Professionals, Inc