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138 S Ridgewood Ave
15,435 SF Industrial Building Daytona Beach, FL 32114 $1,671,569 CAD ($108 CAD/SF) 8.40% Cap Rate
Executive Summary
Strategically Located in Downtown Daytona Beach, FL
Minimal Landlord Responsibilities - Lease Extension Through 10/20/2029
No Extension Options Available
3.5% Annual Base Rent Increases - 8.4+% Cap Rate At Acquisition
1,456 SF Bus Terminal on 0.86 Acres
Greyhound Has Been a Tenant at This Location for Over 20 Years
Just South of New Wawa and International Speeday Blvd
Property Facts
| Price | $1,671,569 CAD | Lot Size | 1.00 AC |
| Price Per SF | $108 CAD | Rentable Building Area | 15,435 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 8.40% | Year Built | 1963 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 3.24/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | $1,671,569 CAD |
| Price Per SF | $108 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 8.40% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 15,435 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Tenancy | Single |
| Parking Ratio | 3.24/1,000 SF |
| Opportunity Zone |
Yes |
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- -
- 15,435 SF
- -
- -
Founded in 1914, Greyhound Lines, Inc. is a provider of intercity bus transportation, serving 2400 destinations across North America with a modern, environmentally friendly fleet. The Greyhound running dog is one of the most-recognized brands in the world. While Greyhound is well known for its regularly scheduled passenger service, the company also provides a number of other services for its customers. Greyhound Package Express service offers value-priced same-day and early-next-day package delivery to thousands of destinations in North America. And the company also offers charter packages for businesses, conventions, schools and other groups at competitive rates.
- Libertyx Bitcoin Atm
- -
- 500 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
- | 15,435 SF | - | - | ||
| Libertyx Bitcoin Atm | - | 500 SF | - | - |
PROPERTY TAXES
| Parcel Number | 5339-01-20-0020 | Improvements Assessment | $527,196 CAD |
| Land Assessment | $212,415 CAD | Total Assessment | $739,611 CAD |
PROPERTY TAXES
zoning
| Zoning Code | 02BR2 (Commercial) |
| 02BR2 (Commercial) |
-
Power Broker Carl Lentz IV -
SVN | Alliance Commercial Real Estate Advisors
Presented by
138 S Ridgewood Ave
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