1475 Palm Coast NW Pkwy Palm Coast, FL 32137-4735

This exceptional 13,600 square foot Class A shopping center in Palm Coast, Florida, offers a compelling investment opportunity. Located at 1475 Palm Coast Pkwy NW, this single-story, 10-tenant property boasts a strong NOI of $388,434 and a 5.75% cap rate. Built in 2002 on a 1.72-acre lot, the center features a diverse mix of national and regional tenants, including AT&T, Firehouse Subs, Hair Cuttery, and Pizza Hut, all operating under NNN leases. The property benefits from its strategic outparcel location to a Publix supermarket, ensuring high foot traffic and visibility. Recent capital improvements include a new roof, resealed parking lot, and refreshed exterior paint. With 100% occupancy and rent bumps in place, this investment presents a stable and durable income stream. The property features 68 parking spaces per 1,000 square feet and is zoned COM-2. The asking price is $6,755,374, representing a price per square foot of $496.72. This is a 1031 exchange eligible property. The property's strong tenant mix, prime location, and recent improvements make it an attractive acquisition for discerning investors seeking a stable, high-performing retail asset. The property's financial strength is further supported by the credit-rated tenants and long-term lease agreements. This is a fee-simple ownership opportunity.