For Sale

Fresenius Kidney Center

617 Lakeview Road,
Clearwater, FL 33756

Asset Snapshot

Community Center
Office Subtype
1989
Year Built
2020
Year Renovated
1
Floor Count
1.27 Acres
Land Area
67.2%
Occupancy

Offering Summary

Investment Overview

Acuity Private Capital is pleased to present the opportunity to acquire Fresenius Kidney Center, a single-story medical office asset located within Clearwater's established healthcare corridor. Totaling 16,455 square feet, the property is anchored by Fresenius Kidney Care under an NNN lease through September 2035. The offering provides durable in-place income, contractual rent growth, and 5,400 square feet of medical or professional office space suitable for an owner/user or value-add lease-up strategy within a healthcare hub near Morton Plant Hospital (695 beds) and HCA Florida Largo Hospital (455 beds). Offered at $3,500,000 ($213/SF): a 5.68% in-place cap on 2027 NOI and a 9.25% pro forma cap once Suite A is leased. Roof replaced in 2025 with a 20-year warranty.


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Listing Syndicated From

Buildout
Accepting Offers
$3,500,000
Asking Price

Investment Sales Broker

Bryan Webb
Acuity Private Capital Inc

Market Insights