6100 St Johns Ave Listing Details & Market Data

Palatka, FlMarket Force CRE, as exclusive advisors to the seller, is pleased to present this opportunity to acquire a Value-Add Medical Office Complex in bustling Palatka, Florida. Comprised of two identical Medical Office buildings built in 2001 and 2006, both buildings encompassing 4,646 SF between 3 units each, 6 units total. Currently 5 of 6 units are occupied, with a 5.73% As-is Cap and a 8.4% Fully-Stabilized Cap Rate. Market Force is in the process of transitioning all units to NNN leases and filling vacant units. Unit 5 is available for lease separately. The Owner-occupant is willing to execute a sale-leaseback at closing. Please Reference the attached Offering Memorandum for As-is and Pro-Forma Rent Rolls.up to 4,500+- SF Of Medical Office available for lease