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423 Sr-19
Palatka, FL 32177
Zaxby's · Retail Property For Sale
Investment Highlights
- ?Long-Term Lease: New 20 - year lease signed at close of escrow with four (4), five (5) year renewal periods.
- ?Longstanding Operator: Growing multi-unit franchisee operator with over 20 years in the Zaxby’s franchise organization.
- ?Inflation Protection: Strong rental increases of 7.5% every five (5) years including in option periods.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,660 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Frontage
132’ on State Road 19
Amenities
- Restaurant
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 02-10-26-8900-0030-0010 | Improvements Assessment | $941,840 |
| Land Assessment | $349,120 | Total Assessment | $1,290,960 |
Property Taxes
Parcel Number
02-10-26-8900-0030-0010
Land Assessment
$349,120
Improvements Assessment
$941,840
Total Assessment
$1,290,960
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