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Green Dragon Cannabis / Marijuana Doctor

915 Ridgewood Ave, Daytona Beach, FL 32117

Listing Price: $1,900,000

Cap Rate
8.50%
Gross SF
4,702
Rentable SF
4,702
Price/Gross SF
$404.08
Lot Size
0.37 acres
Year Built
2000

Investment Overview

Stable Dual-Tenant Investment
100% occupied two-tenant retail center
Anchored by Green Dragon Cannabis (Lease exp. November 2033)
Co-tenancy with Sanford Medical Alliance (Lease exp. Dec 2028)
Guaranteed leases by Vireo Growth Inc. 170+ locations and Sanford Medical
Alliance LLC
$161,490 current annual NOI
Prime Daytona Beach Location
Positioned along the Ridgewood Avenue retail corridor in Daytona Beach, FL
Location is 5 miles from Daytona International Speedway, home of the most
prestigious race in NASCAR
Five-mile trade area projected to reach 123,693 residents by 2030
Over 123,000 people within a 5 mile radius with incomes exceeding $77,000

Investment Highlights

  • 100% Occupied 2- Tenant Property
  • Lease Guaranteed by Vireo Growth Inc with 170+ Locations making it the #2 ranking of stores nationally
  • Located 5 miles from Daytona International Speedway home of the most prestigious race in NASCAR

Exclusively Listed By

Shopping Neighborhood

Green Dragon Cannabis / Marijuana Doctor

Listing Price: $1,900,000

Cap Rate
8.50%
Gross SF
4,702
Rentable SF
4,702
Price/Gross SF
$404.08
Lot Size
0.37 acres
Year Built
2000

Investment Highlights

  • 100% Occupied 2- Tenant Property
  • Lease Guaranteed by Vireo Growth Inc with 170+ Locations making it the #2 ranking of stores nationally
  • Located 5 miles from Daytona International Speedway home of the most prestigious race in NASCAR

Investment Overview

Stable Dual-Tenant Investment 100% occupied two-tenant retail center Anchored by Green Dragon Cannabis (Lease exp. November 2033) Co-tenancy with Sanford Medical Alliance (Lease exp. Dec 2028) Guaranteed leases by Vireo Growth Inc. 170+ locations and Sanford Medical Alliance LLC $161,490 current annual NOI Prime Daytona Beach Location Positioned along the Ridgewood Avenue retail corridor in Daytona Beach, FL Location is 5 miles from Daytona International Speedway, home of the most prestigious race in NASCAR Five-mile trade area projected to reach 123,693 residents by 2030 Over 123,000 people within a 5 mile radius with incomes exceeding $77,000

Exclusively Listed By

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