4651 S Ridgewood Ave - Auto Repair FOR SALE


Port Orange, FL 32127- Outer Port Orange
$850,000 USD
386-316-7544
4651 S Ridgewood Ave, Port Orange, FL for Sale
$850,000 USD
Auto Repair - FOR SALE
1/29
null | Request Cap Rate

4651 S Ridgewood Ave
Port Orange, FL 32127
Outer Port Orange


HIGHLIGHTS

  • Long Term National Tenant

OVERVIEW

Investment Opportunity - National Tenant Occupied!! Secure, hassle-free income in a prime location. This well-maintained commercial property is occupied by a strong national tenant under a long-term NNN style lease with minimal landlord responsibility. The tenant covers all expenses including electric, water, garbage, rental tax, parking lot cleaning, property tax, building and wind insurance - landlord is only responsible for roof and structure maintenance. New roof was installed in 2023 ensures peace of mind for years to come. Current lease has been in place and has 7 years remaining with a 3-year option to renew. Tenant is currently paying $3,114/month. This is a turn-key investment opportunity offering steady cash flow and long term stability.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

16HC

APN/PARCEL ID

6303-12-00-0100

ASK ABOUT THIS PROPERTY

Julie ClaytonClayton Realty Group, LLCMore Info
386-316-7544

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Julie ClaytonClayton Realty Group, LLCMore Info
386-316-7544

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.