138 Ridgewood AveDaytona Beach, FL 32114

This exceptional investment opportunity presents a 1,456 square foot executive office building located at 138 S Ridgewood Ave, Daytona Beach, Florida, 32114. The property, built in 2022, sits on a 0.86-acre lot and is currently 100% occupied under a NNN lease with Greyhound, a tenant with a history exceeding 20 years at this location. The lease, expiring October 19, 2029, features a 3.5% annual base rent increase, resulting in a strong 7.75% cap rate. The building is classified as Class C and is zoned RDD3. This single-story structure offers minimal landlord responsibilities, making it an attractive investment for passive income seekers. The strategic location in downtown Daytona Beach, just south of a new Wawa and International Speedway Boulevard, ensures high visibility and accessibility. The asking price is $1,190,000. No lease extension options are available. This is a single-tenant property with a proven track record and significant upside potential. The property features state-of-the-art construction and represents a rare opportunity to acquire a well-located, income-producing asset with a strong tenant. The Volusia County property's APN is 533901200020.