1308 S RIDGEWOOD AVE Edgewater FL 32132

Introducing a prime NNN investment opportunity in Florida! This stunning newly constructed property at 1308 S. Ridgewood Avenue, Edgewater, Florida 32132 boasts a 15-year lease with Taco Bell and 9 years remaining with Planet 13. With a solid net operating income of $237,880 and a cap rate of 6.75%, this property presents a lucrative investment in a dense, regional retail corridor. Featuring a total rentable area of 4,887 SF on 1.20 acres of land, this Fee Simple ownership includes a franchisee-guaranteed lease with Taco Bell and a corporate-guaranteed lease with Planet 13 Holdings, Inc. The property ensures a hassle-free investment with NNN lease type and 100% occupancy. Don't miss the chance to own this exceptional retail property with two strong tenants in a high-traffic location. Contact us now to seize this incredible investment opportunity in Florida!

• Strong Tenant Lineup | 100% Occupied | NNN Leases | Annual Rental Increases

• S Ridgewood Ave (30,500 VPD) | Highway Commercial (B-3) | Brand-New Construction | Excellent Visibility & Access

• Florida Shores Plaza (81,000 SF) | Dense Retail Corridor | New Smyrna Beach Regional Center (213,000 SF) | Rapidly Growing Cannabis Market

• Strong Demographics in 5-mile Trade Area