6541 Saint Johns Ave | Palatka, FL 32177
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- LoopNet Team
6541 Saint Johns Ave
Palatka, FL 32177
Fresenius Medical Care of Palatka, FL · Office Property For Sale
INVESTMENT HIGHLIGHTS
- FACILITY LOCATION - The dialysis facility, which Fresenius Medical Care has occupied for over 20 years, is surrounded by medical tenants.
- MINIMAL LANDLORD RESPONSIBILITIES - Tenant for expenses relating to the parking lot, HVAC, interior/non-structural, landscaping, insurance, taxes.
- "ESSENTIAL BUSINESS" INVESTMENT - Given current market conditions, the importance of owning essential business assets have become paramount.
- NON-INCOME TAX STATE - As of 2021, seven states - Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming levy no personal income tax.
- RENTAL RATE ESCALATIONS - The Fresenius Medical Care lease provides for base rental rate escalations of 2% annually.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
9,500 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,500 SF
Building FAR
0.07
Lot Size
2.92 AC
Zoning
Office
Parking
59 Spaces (6.21 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 10-10-26-0000-0200-0001 | Improvements Assessment | $1,470,170 |
| Land Assessment | $765,350 | Total Assessment | $2,235,520 |
PROPERTY TAXES
Parcel Number
10-10-26-0000-0200-0001
Land Assessment
$765,350
Improvements Assessment
$1,470,170
Total Assessment
$2,235,520
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