Matthews™ Real Estate Investment Services is pleased to present qualified investors with the opportunity to acquire a well-located, multi-tenant medical asset in Palatka, FL—positioned less than a mile from HCA Florida Putnam Hospital, the region’s only full-service hospital.
Offered at under $170 per square foot—less than half of the estimated replacement cost—this asset provides an attractive basis for investors seeking durable cash flow and long-term upside. A brand-new roof was installed in Q1 2025 on the rear building, minimizing the need for immediate capital expenditures.
The property’s flexible layout, divided into 1,500-square-foot suites, makes it easily retainable and adaptable to a wide range of medical users. With all existing tenants operating under triple net leases featuring 2–3% annual rental increases, the property has minimal landlord responsibilities, offers truly passive income, and provides a reliable hedge against inflation with steadily growing returns.