Green Dragon & Marijuana Doc - Daytona Beach 915 Ridgewood Ave 4,806 SF 100% Leased Retail Building Daytona Beach, FL 32117 £1,465,363 (£304.90/SF) 8.10% Net Initial Yield
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
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
£1,465,363
Price Per SF
£304.90
Net Initial Yield
8.10%
NOI
£118,676
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
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 ft on Ridgewood Ave
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4242-58-03-0140 | Improvements Assessment | £377,200 |
| Land Assessment | £47,464 | Total Assessment | £424,664 |
