5655-5729 Rio Vista Dr

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5655-5729 Rio Vista Dr

clearwater, FL 33760
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

Located at 5655-5729 Rio Vista Drive in Clearwater, Florida, this office property is situated within a established commercial corridor in the Gateway submarket. The site offers proximity to major arterial roads, including U.S. Highway 19 and the Bayside Bridge, facilitating regional connectivity to St. Petersburg and Tampa. Local amenities within a short drive include diverse dining options, retail centers, and professional services. The surrounding neighborhood is characterized by a mix of light industrial, flex space, and corporate office parks. The property is well-suited for professional services, administrative back-office operations, or regional headquarters. Typical tenants for this asset class and location include insurance agencies, legal practices, engineering firms, and logistics providers seeking functional workspace with surface parking. The layout and accessibility support businesses requiring routine client visits or those prioritizing ease of commute for a workforce distributed across the Tampa Bay area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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