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Dominos Pizza - Palatka, FL 1602 Reid St 1,380 SF Retail Building Palatka, FL 32177 $889,000 ($644.20/SF) 5.65% Cap Rate
Investment Highlights
- 10+ Years Remaining | Scheduled Rental Increases | Established Brand | Experienced Operator
- Situated Along Reid St (32,500 VPD) | Retail Corridor |Town And Country Shopping Center
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,380 SF
Building Class
B
Year Built
1972
Price
$889,000
Price Per SF
$644.20
Cap Rate
5.65%
NOI
$50,237
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Frontage
45’ on Reid St
Amenities
- Pylon Sign
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 37-10-26-6850-3040-0100 | Improvements Assessment | $177,720 |
| Land Assessment | $40,080 | Total Assessment | $217,800 |
Property Taxes
Parcel Number
37-10-26-6850-3040-0100
Land Assessment
$40,080
Improvements Assessment
$177,720
Total Assessment
$217,800
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Dominos Pizza - Palatka, FL | 1602 Reid St
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