1737 South Ridgewood Avenue, Edgewater, FL 32132

Marcus and Millichap is pleased to present this single-tenant Take 5 Oil Change located in Edgewater, Florida, part of the Daytona Beach MSA. The property features a modern 4,111 SF four-bay configuration situated at the signalized intersection of South Ridgewood Avenue (US-1) and State Road 442, one of the most active commercial corridors in Southeast Volusia County.

Take 5 will operate under a 15-year NNN corporate lease guaranteed by Driven Systems LLC, the franchisor behind Take 5, Maaco, and Meineke. The lease is operated directly by corporate rather than a franchisee, providing investors with institutional-grade income backed by a NNN lease. Scheduled 10% rental increases every five years provide built-in inflation protection across the full base term and four additional five-year option periods. This asset presents the potential for cost segregation and depreciation benefits (an investor should consult with their tax advisor).

The site benefits from over 25,500 vehicles per day on US-1, direct proximity to a dense retail node anchored by ALDI, Chick-fil-A, and Dunkin, and strong co-tenancy with Wawa nearby. The trade area is further supported by Boston Whaler and Everglades Boats headquarters just 1.5 miles away, employing a large skilled workforce with above-average wages. The surrounding three-mile population grew 23% between 2020 and 2025, and the planned 6,600-unit Deering Park North development which positions this corridor for continued growth. Edgewater also serves as the primary US-1 gateway to New Smyrna Beach, one of Florida's most desirable coastal communities, drawing an affluent residential base that spills directly into this trade area.