4651 S Ridgewood Avenue, Port Orange, FL 32127
- $769,000
- List Price
- $769,000
- MLS#
- 1227455
- Property Type
- Retail
- Lot Size
- 13,068
- Region
- 21 - Port Orange S of Dunlawton, E of 95
- County
- Volusia
- Acres
- 0.30
- Year Built
- 1970
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.
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Additional Information
- Lot Size
- 13,068
- Year Built
- 1970
Listing courtesy of SVN Alliance Commercial Real Estate Advisors.
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2026 Daytona Beach Area Association of REALTORS®
Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.