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200 State Road 19
Palatka, FL 32177

$2,384,615 USD

Fast Food For Sale  •  2,248 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,248 SF
  • Lot Size 1.15 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 6.50 %
  • Tenancy Single
0 Transit Score
56 Walk Score

Highlights

Expanding Operator leveraging the sale-leaseback process to continue growing operations and fund future development.
New Construction Site with strong surrounding market-drivers throughout the Palatka, FL manufacturing market.
New 20-Year Absolute NNN Lease at Close of Escrow with a growing operator.
Situated amidst a dense retail corridor with strong supplemental demographics and future projected growth.

Property Flyers

Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Captain D's 5/1/2044

Amenities

  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 31
Type: Surface
Included in Rent: Yes
Andrew Jaworski 631-903-7137 CBRE
Andrew Jaworski 631-903-7137 CBRE