Shopping Strip
PALATKA PROMENADE
400 N State Road 19, Palatka, FL 32177
Listing Price: $12,800,000
Cap Rate
7.00%
Rentable SF
209,278
Lot Size
27.46 acres
Year Built
1981
Investment Overview
209,278 RSF Shopping Plaza | 27.46 Acres +/-
PALATKA PROMENADE
Investment Highlights
- 209,278 RSF Shopping Plaza | 27.46 Acres +/-
- Deep Value-Add Opportunity at 71% Occupancy
- Over 95% of Current Tenancy Comprised of Credit Tenants
- More Than $3MM in Improvements Since 2018
- Conveniently Surrounded by Walmart Supercenter, Winn-Dixie, Publix, Save-A-Lot, Home Depot, and Lowe's
- Direct Frontage/Access on N State Road 19, Which has 21,500 Vehicles Daily
- Ample Parking | Three Access Points on SR-19
- Planet Fitness, Petsense, Marshalls, and Five Below Have Backfilled the Former K-Mart Next to Publix Just Down the Street
Exclusively Listed By
Financing By
Listing Price: $12,800,000
Cap Rate
7.00%
Rentable SF
209,278
Lot Size
27.46 acres
Year Built
1981
Investment Highlights
- 209,278 RSF Shopping Plaza | 27.46 Acres +/-
- Deep Value-Add Opportunity at 71% Occupancy
- Over 95% of Current Tenancy Comprised of Credit Tenants
- More Than $3MM in Improvements Since 2018
- Conveniently Surrounded by Walmart Supercenter, Winn-Dixie, Publix, Save-A-Lot, Home Depot, and Lowe's
- Direct Frontage/Access on N State Road 19, Which has 21,500 Vehicles Daily
- Ample Parking | Three Access Points on SR-19
- Planet Fitness, Petsense, Marshalls, and Five Below Have Backfilled the Former K-Mart Next to Publix Just Down the Street
Investment Overview
209,278 RSF Shopping Plaza | 27.46 Acres +/-
Exclusively Listed By
Financing By
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