4651 S Ridgewood Avenue Port Orange, FL 32127
Retail
MLS #: 1218955
Courtesy Of Clayton Realty Group, LLC
Property InformationDescription
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. 3% increase per year. This is a turn-key investment opportunity offering steady cash flow and long term stability.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick Veneer
- Exterior Type: Brick
- Exterior Type: Concrete
- Heating System: Electric (Heating)
- Heating System: Central
- MLSID: 1218955
MAP & DIRECTIONS
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