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Office and Medical Office Campus
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73 Park Place Blvd, Clearwater, FL 33759

Three office and medical buildings total about 61,421 rentable square feet and are fully leased to seven tenants.

Property SizeContact for details
Days on Market121

Property Features for 73 Park Place Blvd

General Information

Standard status Active
Property subtype Office
Listing Agency: Colliers - Tampa, Florida
Listed By: Paul Carr · License #FL 3123881
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 7:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Tampa, Florida

Investment Insights

Based on property information with market context.

Offices at Park Place is a three-building office and medical campus comprising two single-story office/medical buildings and one two-story office building, totaling approximately 61,421 rentable square feet. Built between 2008, 2010, and 2017, the property is 100% leased to seven tenants with an indicated W.A.L.T. of about 5 years.

The campus is located at 73–93 Park Place Blvd. The site sits on approximately 7.39 acres and offers ample surface parking at an approximate ratio of 4 spaces per 1,000 square feet. The property is positioned just off US Highway 19, with stated traffic of 117,000 cars per day, and within 1 mile of Gulf to Bay Blvd. (SR60) / Courtney Campbell Causeway, listed at 59,500 cars per day.

Within the tenant mix, the U.S. Government (FBI) and medical users account for 41% of the property’s rentable space. The FBI extended its lease in 2019 for an additional 15 years, with 13 years of firm term. The U.S. Government tenant is described as investment-grade, with AA+ (S&P) and AAA (Moody’s) ratings.

Key Highlights

  • Three office/medical buildings totaling approx. 61,421 rentable SF (73‑93 Park Place Blvd., Clearwater, FL).
  • 100% leased to seven tenants with a W.A.L.T of approx. 5 years.
  • Built in 2008, 2010, and 2017; includes two single‑story buildings and one 2‑story office building.

Property Analytics

Current Use

Bankers Life Insurance Agency Natalie Jones, Bankers ... Insurance Agency Joljana Naco, Bankers ... Insurance Agency Gustavo Lebron, Bankers ... Insurance Agency Aaron Johnston, Bankers ... Insurance Agency

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,371
Businesses Nearby

Demographics for 33759, FL

18,316
Population
8,821
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
91%
High-School Grad
5.3 sq mi
ZIP Area
3,456
Density / Sq Mi
$63,804
Median Household Income
$46,213
Median Earnings
$1,771
Median Rent
$295,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three office and medical buildings total about 61,421 rentable square feet and are fully leased to seven tenants.
Where is this office building located?
The property is located at 73 Park Place Blvd Clearwater, FL.
What are key features of this property?
This property features: Three office/medical buildings totaling approx. 61,421 rentable SF (73‑93 Park Place Blvd., Clearwater, FL).; 100% leased to seven tenants with a W.A.L.T of approx. 5 years.; Built in 2008, 2010, and 2017; includes two single‑story buildings and one 2‑story office building.
(813) 784-2086 Call to check price and availability
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