303 S Palm Ave - Light Distribution FOR SALE
Palatka, FL 32177 |
303 S Palm Ave
Palatka, FL 32177
HIGHLIGHTS
- Upside opportunity to purchase a former Flowers Foods Bakery Outlet
- 9.5 Years Remaining on Lease, Flower Foods(NYSE: FLO) has a market capitalization of $5.9 billion
- Property fronts Palm Avenue, across from First Coast Bank and the Putnam Academy for Arts and Sciences
- Attractive lease buyout opportunity - Upside to redevelop or for Owner/User
- Palatka, 50 miles south of the Jacksonville, Florida metro area. The Palatka Micropolitan Statistical Area is home to 72,893 residents
- Absolute NNN Lease with 5% rent increases every 5 years
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
9.5 Year NNN Former Flowers Foods
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
Light Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
UTILITIES
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CLEAR CEILING HT
15 Ft
DOCKS
1
DRIVE INS
6
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
12-10-26-7000-0050-0010,12-10-26-7000-0050-0020,12-10-26-7000-0050-0030
