701 N Hercules Ave

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701 N Hercules Ave

Clearwater, FL 33765
Asking Price
$1.90M
Asset Type
Office
Class
Class B

What's Special

701 N Hercules Ave is located in central Clearwater, Florida, within an established commercial and light industrial corridor. The property sits north of Gulf to Bay Boulevard and south of Sunset Point Road, offering convenient regional connectivity to both US Highway 19 and the Courtney Campbell Causeway. The surrounding neighborhood features a mix of corporate offices, essential distribution centers, and retail plazas. Local amenities within a short drive include diverse dining options, grocery anchors, and service-oriented businesses. This office asset is well-suited for professional services, administrative headquarters, or regional satellite offices. The location and building configuration typically attract a tenant profile ranging from legal and financial firms to healthcare management and technology startups. Its functional layout and proximity to Pinellas County’s residential hubs make it an appropriate choice for businesses seeking central access to the local workforce and the greater Tampa Bay metropolitan area.

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

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