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    Daytona Beach Retail Investment Opportunity Title is generated by Realmo AI

    915 Ridgewood Ave, Daytona Beach, FL

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

    Type:RETAIL
    Property size:
    4,702 SF
    Lot size:
    0.36 Acres
    Price / SF:
    $413/SF
    Added:
    Nov 7, 2024
    Days on Market:
    582
    Last Refresh:
    May 19 at 9:23 pm

    Property Features for 915 Ridgewood Ave

    General Information

    Standard status
    Active
    Size
    4,702 SF
    Lot size
    0.36 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Will Wamble

    Listing agent Daniel Becker License #FL BK3120739

    Listing office SRS Real Estate Partners | Tampa

    Listing date Nov 7, 2024

    Source Moodyscre

    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 SRS Real Estate Partners | Tampa

    HighLights

    • 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.
    • Leases feature rental increases.
    • Generates Net Operating Income (NOI).
    • Located in Daytona Beach, FL.

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marijuana Doctor Daytona ... Alternative Medicine Practice Green Dragon Dispensary ... (Bike/Boat/Book/etc) Store HRT Doctor Daytona ... Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.039
    Latitude
    29.2414

    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.
    (813) 371-0980 Call to check price and availability
    More about this property
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