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Single-Tenant Cannabis Dispensary
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555 Ridgewood Ave, Daytona Beach, FL 32117

Fee-simple ownership with a triple-net lease extending through February 2034.

Property SizeContact for details
Days on Market143

Property Features for 555 Ridgewood Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: STNL
Listed By: Mark Thompson · License #BK3217284
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:36PM

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 STNL

Investment Insights

Based on property information with market context.

This fee-simple property is occupied by a single Fluent cannabis dispensary under a triple-net lease. The building contains 3,340 SF and sits on a 1.32-acre hard-corner parcel. The lease began with a 10-year initial term running through February 2034, and scheduled 2% annual rent increases continue during the option periods.

Positioned along US Highway 1, the property records exposure to 24,000 vehicles per day and benefits from four access points. Regional destinations identified near the site include Daytona International Speedway, Halifax Health Center, and Daytona State College. The combination of a dedicated operating use, NNN lease structure, corner positioning, and highway access defines the offering.

Key Highlights

  • 3,340 SF single‑tenant Fluent cannabis dispensary
  • 1.32‑acre hard‑corner parcel along US Highway 1
  • 24,000 vehicles per day on US Highway 1

Property Analytics

Current Use

FLUENT (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Pharmacy Garden Center Gym & Fitness Center Locksmith Law Firm

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

785
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 53% Shops & Services 47%
Madden's Ace Hardware 3 Home Improvements & Furnishings
9,653 visits/mo 0.4 miles
Dollar General Shops & Services
8,206 visits/mo 0.1 miles
Jiffy Lube Shops & Services
467 visits/mo 0.4 miles

Demographics for 32117, FL

28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
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?
Cannabis property - Fee-simple ownership with a triple-net lease extending through February 2034.
Where is this cannabis property located?
The property is located at 555 Ridgewood Ave Daytona Beach, FL.
What are key features of this property?
This property features: 3,340 SF single‑tenant Fluent cannabis dispensary; 1.32‑acre hard‑corner parcel along US Highway 1; 24,000 vehicles per day on US Highway 1
(513) 438-5150 Call to check price and availability
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