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H&R Block 2413 Crill Ave

8,530 SF 100% Leased Office Building Palatka, FL 32177 $625,000 ($73.27/SF)

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INVESTMENT HIGHLIGHTS

Heavily traveled highway frontage.
All units currently leased by long term tenants.

Access from two streets.

EXECUTIVE SUMMARY

Investment opportunity! Strip center with 4 units on heavily traveled Crill Ave/Hwy 20. All units currently rented with long term tenants: H& R Block, The Church of God, and Carter's Music Center. Building has 8,530 total sqft, city water/sewer, & fenced rear parking with front & rear gates. Property has access from both Crill Ave/Hwy 20 & President St. Parking in front with additional parking on side of building. Unit 2413 has 4,750 total sqft, 2 bathrooms (one is ADA), break room w/sink, & private storage room; leased for $1,575/month . Unit 2415 has 1,380 total sqft, 1 bathroom, & rear storage room; leased for $450/month. Units 2417 & 2419 are occupied by the same tenant, together they have 2,400 total sqft, 4 private rooms, & 2 offices; leased for $1,300/month. Roofs are less than 10 years old (Unit 2413 installed Oct/2015 with warranty until May/2031 and roof on remainder units installed June/2016). Don't miss out on the possibilities! The adjacent part of strip center is also available for purchase.