4651 S Ridgewood AVE, Port Orange, FL 32127
4651 S Ridgewood AVE, Port Orange, FL 32127
4651 S Ridgewood AVE, Port Orange, FL 32127
4651 S Ridgewood AVE, Port Orange, FL 32127
4651 S Ridgewood AVE, Port Orange, FL 32127
4651 S Ridgewood AVE, Port Orange, FL 32127
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$ 769,000
Est. payment | /mo

5,100 SqFt


Save
$ 769,000
Est. payment | /mo
Save

5,100 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $150

MLS Listing ID 1227455

HOA Y/N No

Year Built 1970

Annual Tax Amount $4,601

Acres 0.3

Property Sub-Type Retail

Source Daytona Beach Area Association of REALTORS®

Property Description

Corporate backed, NNN Napa Auto Parts leased building for sale. 5.01% Cap Rate.
Ten year lease was signed in 2022 (5.5 years remaining) with two, 3 year options remaining. Tenant has been at this location for 20+ years.
Tenant reimburses the landlord for property taxes, property insurance, and all common area maintenance. Landlord must maintain the roof, foundation, and structure only. The roof was replaced in March 2022. Tenant is responsible for all HVAC and mechanicals.
There is upside on rent here. Current base rent is only $7.55/SF.

Location

State FL

County Volusia

Area 21 - Port Orange S Of Dunlawton, E Of 95

Direction Discover the diverse and vibrant community surrounding the location in Port Orange, FL. This retail hub is surrounded by a thriving mix of local and national retailers, creating an ideal environment for a retail/free-standing building investment opportunity.

Region Port Orange

City Region Port Orange

Exterior

Parking Features Other

View Y/N No

Building

Lot Description Other

Others

Tax ID 6303-12-00-0100

Ownership Chu Kenny Tr

Listed by Carl Lentz • SVN Alliance Commercial Real Estate Advisors

Schools and Properties Nearby

Derek Hill

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4651 S Ridgewood AVE