National Healthcare Technology Tenant NNN Property For Sale — St. Petersburg, FL · 10,504 SF
St. Petersburg, FL 33701
Exceptional investment opportunity featuring a new 5-year NNN sale-leaseback with an established national healthcare technology tenant serving as their corporate headquarters. The offering provides an attractive 7.50% initial cap rate with 3% annual contractual rent escalations. Situated along the booming MLK North Corridor just minutes from Downtown St. Petersburg, Historic Uptown, and Interstate 275, this 10,504 SF clear-span building features tall ceilings, concrete block construction, abundant natural light, ample on-site parking, and new monument signage offering outstanding visibility. The property combines stable passive cash flow with long-term real estate appreciation and future multi-tenant flexibility in one of Florida's premier commercial corridors.
- Address: St. Petersburg, FL 33701
- Asking price $3.65M
- 7.50% cap rate
- NOI $273,750
- 5 years remaining
- NNN lease
- Building size: 10,504 SF
- Lot size: 0.45 acres
- Rent increases: 3% annually
- Guarantor: Corporate
Location
This National Healthcare Technology Tenant property is in St. Petersburg, Florida.
Asset type: Office