6738-6754 Caroline St
Milton, FL 32570

The Newmark Government Capital Markets team is pleased to present qualified investors with the opportunity to acquire a 10,759 square foot three-tenant office building that is currently 100% leased by three (3) tenants (the “Property”). The Property features a rent roll comprised of two (2) State of Florida government agencies: the Department of Corrections (“FDC”) and the Department of Juvenile Justice (“DJJ”). These two tenants occupy approximately 81% of the Property. The third tenant is a local bail bonds business who recently executed a new lease. The building features several new improvements including new luxury vinyl plank (LVP flooring throughout the space (2024), all new HVAC units (2019), new roof (2019), and new exterior paint (2024). The Property has a long history of stable occupancy with the FDC a tenant since August 1997 and the DJJ a tenant since June 2000. Both tenants have recently extended their lease terms, and the recent improvements to the Property should contribute to a continuation of stable cash flow.