600 Zeagler DrPalatka, FL 32177

This exceptional 18,320 square foot medical office building in Palatka, Florida, presents a compelling investment opportunity. Located on a 2.08-acre lot at 600 Zeagler Dr, this Class B property boasts 100% occupancy with two nationally recognized, credit-rated tenants: Hospital Corporation of America (HCA) and Florida Cancer Specialists. The building, constructed in 1991 and renovated in 2017, features a single story and offers 64 parking spaces per 1,000 square feet. The property includes specialized buildouts for cancer treatment, such as lead vaults, a CT scanner room, and a PET scan area. The asking price is $6,362,640, representing a 7.50% cap rate and a price per square foot of $347.31. The Net Operating Income (NOI) is $477,198. Leases are NNN, commencing March 1, 2016. The property enjoys a prime location across from a 99-bed HCA hospital, providing excellent visibility and accessibility. This stabilized, value-add investment is situated in a high-demand area with limited supply, surrounded by other prominent medical practices. An additional 3-acre lot with plans for a 17,600 square foot medical office building is also available. This property offers a rare chance to acquire a well-established, high-performing medical office building in a thriving medical corridor.