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400 N State Road 19
Palatka, FL 32177
Palatka Promenade · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 209,278 RSF Shopping Plaza | 27.46 Acres +/-
  • Over 95% of Current Tenancy Comprised of Credit Tenants
  • Ample Parking | Three Access Points on SR-19
  • Deep Value-Add Opportunity at 71% Occupancy
  • Conveniently Surrounded by Walmart Supercenter, Winn-Dixie, Publix, Save-A-Lot, Home Depot, and Lowe’s
  • Planet Fitness, Petsense, Marshalls, and Five Below Have Backfilled the Former K-Mart Next to Publix Just Down the Street

EXECUTIVE SUMMARY

Direct Frontage/Access on N State Road 19, Which has 21,500 Vehicles Daily

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
209,278 SF
Building Class
B
Year Built
1981
Price
$17,721,600 CAD
Price Per SF
$84.68 CAD
Cap Rate
7%
NOI
$1,240,746 CAD
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.17
Lot Size
27.46 AC
Frontage
1,178’ on N State Road 19

AMENITIES

  • Pylon Sign
  • Enclosed Mall
  • Listing ID: 37785536

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 400 N State Road 19, Palatka, FL 32177

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