Shelly Sharp
Property Description
Corporate backed, NNN Napa Auto Parts leased building for sale. 5.01% Cap Rate.Ten year lease was signed in 2022 (5.5 years remaining) with two, 3 year options remaining. Tenant has been at this location for 20+ years.Tenant reimburses the landlord for property taxes, property insurance, and all common area maintenance. Landlord must maintain the roof, foundation, and structure only. The roof was replaced in March 2022. Tenant is responsible for all HVAC and mechanicals.There is upside on rent here. Current base rent is only $7.55/SF.
Property Features
Property Type: Commercial - Retail
Lot Size: 0.30 Acres
Taxes: $4,601
Year Built: 1970
Feature Descriptions
Business Type: Auto Service, Commercial, Retail
Directions: Discover the diverse and vibrant community surrounding the location in Port Orange, FL. This retail hub is surrounded by a thriving mix of local and national retailers, creating an ideal environment for a retail/free-standing building investment opportuni
Lot: Other
Parcel #: 6303-12-00-0100
Parking: Other
Property Attached Y/N: No
Property Sub-Type: Retail
SQFT Total: 5100
Units: 1
Listed By / Shown By
Listed By
Agency Name: SVN Alliance Commercial Real Estate Advisors
Shown By
Agent Name: Shelly Sharp
Agent Phone: Cell: (904) 742-9934
Agency Title: Watson Realty Corp., REALTORS ®
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4651 S Ridgewood Avenue | MLS# 1227455
This commercial property located at 4651 S Ridgewood Avenue, Port Orange, FL 32127 is currently listed for sale with an asking price of $769,000. Search Port Orange real estate on ssharp.watsonrealtycorp.com today.