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915 Ridgewood Ave Daytona Beach, FL 32117

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For Sale
$1,945,000

Fully occupied two-tenant retail asset in Daytona Beach, Florida.

Property size:
4,702 SF
Lot size:
0.36 Acres

Property Features for 915 Ridgewood Ave

General Information

Size
4,702 SF
Lot size
0.36 Acres

Source: SRS Real Estate Partners | Tampa Agent Will Wamble

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Daytona Beach Retail Investment Opportunity

This property presents an opportunity to acquire a fully occupied, two-tenant retail asset located in Daytona Beach, Florida. The property is currently leased to Green Dragon and Marijuana Doctor. Green Dragon operates under a 10-year lease with two 5-year options to extend. Marijuana Doctor operates under a 5-year lease with two 2-year options to extend, demonstrating commitment to the location. Both tenants' leases include rental increases throughout the initial term and each option period, generating net operating income and hedging against inflation. The property size is 4,702 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Marijuana Doctor Daytona ... Alternative Medicine Practitioner Green Dragon Dispensary ... Cannabis Store HRT Doctor Daytona ... Alternative Medicine Practitioner

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Daytona Beach
County
Volusia
State
Florida
Longitude
-81.0390116
Latitude
29.2414014

FAQs

What type of property is this?
Retail space - Fully occupied two-tenant retail asset in Daytona Beach, Florida.
Where is this retail space located?
The property is located at 915 Ridgewood Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,945,000.
What are key features of this property?
This property features: - 100% occupied two-tenant asset.; - Green Dragon operating under a 10-year lease with options to extend.; - Marijuana Doctor operating under a 5-year lease with options to extend.
More about this property
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