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.