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Green Dragon & Marijuana Doc - Daytona Beach 915 Ridgewood Ave 4,806 SF 100% Leased Retail Building Daytona Beach, FL 32117 $1,945,000 ($404.70/SF) 8.10% Cap Rate
INVESTMENT HIGHLIGHTS
- Daytona International Speedway is within a 5-mile radius, home to the Daytona 500, the most prestigious race in all of NASCAR
- More than 119,000 residents and 91,000 employees support the trade area
- According to a July 2023 article from US News & World Report, Daytona Beach is the 11th most desirable place to live in the United States
- Two-Tenant Offering | Scheduled Rent Bumps | Options To Extend | Seller Financing Options Available
EXECUTIVE SUMMARY
Daytona Beach, FL - 11th Most Desirable Place To Live Via US News & World Report
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,806 SF
Building Class
C
Year Built/Renovated
2002/2023
Price
$1,945,000
Price Per SF
$404.70
Cap Rate
8.10%
NOI
$157,521
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
09B4 - CC1
Parking
25 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
164’ on Ridgewood Ave
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4242-58-03-0140 | Improvements Assessment | $500,664 |
| Land Assessment | $63,000 | Total Assessment | $563,664 |
PROPERTY TAXES
Parcel Number
4242-58-03-0140
Land Assessment
$63,000
Improvements Assessment
$500,664
Total Assessment
$563,664
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Green Dragon & Marijuana Doc - Daytona Beach | 915 Ridgewood Ave
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