2900 Ridgewood ave - Freestanding FOR SALE


Edgewater, FL 32141
$2,524,270 USD
262-309-4900
2900 Ridgewood ave, Edgewater, FL for Sale
$2,524,270 USD
Freestanding - FOR SALE
1/6
null | 5.15% Cap Rate

2900 Ridgewood ave
Edgewater, FL 32141


HIGHLIGHTS

  • New Development Popeyes Louisiana Kitchen, Rent Projected to Commence December 2024
  • Absolute NNN With Zero Landlord Responsibilities
  • Attractive 1.75% Annual Rental Increases Built Into Lease
  • Healthy 5-Mile Demographics With 35K+ Residents With Positive Population Growth Rates
  • Located Along Ridgewood Ave With 22,000 Vehicles Passing in Front of Subject Property Daily
  • Situated on Outparcel to Publix Anchored Shopping Center, Providing Heavy Daytime Traffic to Location

FOR SALE DETAILS

PRICE

$2,524,270 USD

PRICE/SF

$1,187 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Drew DuncanTrinity Real Estate Investment Services, LLCMore Info
262-309-4900

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Drew DuncanTrinity Real Estate Investment Services, LLCMore Info
262-309-4900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.