407-443-3925
1900 S Ridgewood Ave, Edgewater, FL for Sale
Bank - FOR SALE
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1900 S Ridgewood Ave
Edgewater, FL 32141


HIGHLIGHTS

  • 4,179 s.f. freestanding building and 4-lane drive-thru on U.S. Hwy 1 / S Ridgewood Ave
  • 18-month financial center leaseback with a 5-year leaseback of the ATM thereafter
  • Resides directly on US 1, Florida’s main roadway connecting the state’s east coastal communities on the S Indian River Blvd intersection (49,200 VPD)
  • Outparcel of the Florida Shores Plaza, one of Edgewater’s main centers, which sees an average of 1.4 million visitors annually
  • Florida Shores Plaza is anchored by Winn-Dixie, Bealls, Dollar Tree, Chick-fil-A, Subway, Dunkin’ and many others
  • Developments recently completed in the market like ALDI across the street from the subject property, and more in a stage of development

OVERVIEW

Back on the market: Former bank branch in Edgewater offering approximately 4,179 square feet on 0.959 acres with excellent repositioning potential. Its one-story stucco building features 33 parking spaces and four drive-thru lanes with an 18-month financial center leaseback plus five-year ATM agreement. Located directly on U.S. Highway 1 at South Indian River Boulevard with 49,200 vehicles per day, the property serves as an outparcel to Florida Shores Plaza, attracting 1.4 million annual visitors and anchored by major retailers.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

B3

APN/PARCEL ID

8402-00-00-0061

ASK ABOUT THIS PROPERTY

407-443-3925

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407-443-3925

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