4651 S Ridgewood Avenue Port Orange, FL 32127
Retail
MLS #: 1214667
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. 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
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: LOT 10 EXC N 10 FT & LOT 11 COYLES SUB BLK 2 ALLANS PORT ORANGE MB 6 PG 98 PER OR 4063 PG 3910 PER OR 7531 PG 559 PER OR 8195 PG 4820
- MLSID: 1214667
MAP & DIRECTIONS
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