2600 Mccormick DrClearwater, FL 33759

Property Details for 2600 Mccormick Dr

Lot size

12.57 AC

Property size (Sq ft)

146,390 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents two Class A office buildings totaling 146,390 square feet, situated on 12.57 acres in Clearwater, Florida. The property, comprised of 2600 and 2650 McCormick Drive, boasts 788 parking spaces (a 5.4/1,000 SF ratio). Built in 1989 and renovated between 2014 and 2015, the complex includes three structures: a multi-tenant building at 2600 McCormick Drive (75,684 SF), which serves as the headquarters for a major NYSE-listed company, and a single-tenant building at 2650 McCormick Drive (70,706 SF), currently occupied by AmeriLife under a long-term lease extending to 2033. A three-story, 288-space parking garage connects the two main buildings. The property enjoys a prime location, directly adjacent to US Highway 19, offering excellent access and visibility. Clearwater's desirable location within the Greater Tampa MSA, near Clearwater Beach and Downtown Tampa, contributes to its strong appeal. The property's 2023 Net Operating Income (NOI) is estimated at $1,640,000. This is a multi-tenant, NNN lease property, currently privately equity owned and ideal for corporate headquarters.

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9995

Longitude

-82.7282

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