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Remodeled Retail Leased to Sunbelt
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3523 Reid Street, Palatka, FL 32177

Recently remodeled retail property leased to Sunbelt Rentals under a new 7-year term.

Property SizeContact for details
Days on Market126

Property Features for 3523 Reid Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: SVN | Alliance Commercial Real Estate Advisors
Listed By: Carl Lentz IV, CCIM · License #3068067
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 2:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Alliance Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This recently fully remodeled retail property is offered for sale with a new 7-year NN lease executed by Sunbelt Rentals. Rent increases begin at option execution, providing defined lease-up timelines tied to the lease’s option structure.

Sunbelt Rentals is described in the offering materials as one of the largest equipment rental companies in North America, backed by a network of more than 550 locations. The company’s extensive fleet is reported to exceed $5.0 billion and includes equipment categories such as general construction, industrial tools, pumps and power generation equipment, trench shoring, scaffolding, and remediation and restoration equipment.

The property is located at 3523 Reid Street in Palatka, Florida.

Key Highlights

  • Recently remodeled retail property leased to Sunbelt Rentals
  • New 7‑year NN lease in place with rent increases beginning at option execution
  • Sunbelt Rentals company has a network of more than 550 locations

Property Analytics

Current Use

Sunbelt Rentals (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store Electrical Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

Demographics for 32177, FL

25,380
Population
11,549
Households
2.2
Avg Household Size
42
Median Age
13%
College-Educated
86%
High-School Grad
226.8 sq mi
ZIP Area
112
Density / Sq Mi
$47,486
Median Household Income
$35,451
Median Earnings
$940
Median Rent
$158,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Recently remodeled retail property leased to Sunbelt Rentals under a new 7-year term.
Where is this retail space located?
The property is located at 3523 Reid Street Palatka, FL.
What are key features of this property?
This property features: Recently remodeled retail property leased to Sunbelt Rentals; New 7‑year NN lease in place with rent increases beginning at option execution; Sunbelt Rentals company has a network of more than 550 locations
(386) 310-7900 Call to check price and availability
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