FOR LEASE | Licensed Behavioral Health Facility
Property Description
This institutional-quality behavioral health facility is offered for lease to a qualified, experienced operator. The property is currently occupied by a long-standing behavioral health provider under an absolute NNN lease. Ownership may consider an early transition for a highly qualified operator with strong financials and an established treatment platform, subject to mutual agreement and appropriate timing. Early availability is not guaranteed and will be evaluated selectively.
Property Overview
Located in the Tampa–St. Petersburg–Clearwater MSA, this ±14,810 SF purpose-built behavioral health facility sits on approximately 1.165 landscaped acres and offers a high-quality medical and residential treatment environment in one of Florida’s most desirable healthcare markets.
The building features a marble-finished lobby, dramatic central atrium with koi pond, executive offices, therapy and classroom spaces, patient suites, dining areas, nurse’s station, elevator access, and a full fitness and wellness area. The property is fully sprinklered and supported by modern HVAC and mechanical systems with professional maintenance in place.
Zoning & Use
The site is zoned IRT with a Special Exception for Residential Treatment, a rare and difficult-to-replicate entitlement in Clearwater. This zoning supports licensed residential treatment, mental health inpatient and outpatient services, behavioral rehabilitation programs, wellness and recovery operations, and other specialized healthcare uses.
The existing zoning and entitlement significantly reduce regulatory risk and allow operators to avoid the lengthy approval timelines typically associated with new behavioral health facilities.
Leasing Opportunity
This offering provides an opportunity for an established behavioral health operator to secure a turnkey, licensed-use facility in a high-demand Florida market with zoning certainty and existing healthcare infrastructure.
The property is well suited for operators underwriting rent based on program revenue, census stability, and long-term operational certainty, rather than raw square footage alone.
Key highlights include:
Absolute NNN lease structure
Existing behavioral health build-out
Zoning and entitlement already in place
Premier Clearwater location
Suitable for residential and specialty treatment programs
Ownership is seeking a well-capitalized, experienced operator for a long-term lease arrangement.
Lease terms available upon request. Inquiries limited to qualified behavioral health operators.
Lorraine Florido
Property Management
