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2102 S Ridgewood Ave, Edgewater, FL, 32141

Edgewater Plaza
Closed

Key Information

Type
Shopping Centers

Highlights

  • Transformative Surrounding Development: Adjacent to Deering Park North & Deering Park Center, a 7,000+ acre master-planned community delivering 8,000+ new housing units and 4.3M+ SF of commercial, office, industrial, and retail space, supported by major infrastructure improvements and long-term population growth in Edgewater.
  • Prime US-1 Location | S. Ridgewood Avenue: Positioned along a highly trafficked corridor with excellent frontage and visibility.
  • Robust Traffic Counts: Exposure to ±21,500 vehicles per day (VPD).
  • Established & Diverse Tenant Mix: A strong lineup of tenants meeting everyday local demand.
  • Superior Accessibility & Visibility: Prominent frontage with convenient on-site parking for customers.
  • Compelling Value-Add Potential: Significant upside through conversion to triple net leases and rental growth.
  • Income Growth Opportunity: Current rents are below market, providing substantial upside for investors.
  • Attractive Pricing Below Replacement Cost: Offered at just $146 per square foot.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203