6863 Navarre Pky - Storefront FOR SALE
Navarre, FL 32566 |
$2,557,981 USD
305-395-6972
6863 Navarre Pky
Navarre, FL 32566
HIGHLIGHTS
- LONG-TERM LEASE | There are ±8 years remaining on the base term of the lease, which runs until March of 2033.
- STICKY TENANT | Cannabis dispensary tenants are less likely to relocate due to restrictive zoning regulations that limit where they can operate.
- GROWING MARKET | Navarre is experiencing rapid development, with multiple site plans approved for 2024 and 2025.
- HIGH VISIBILITY | The subject property boasts prime frontage along Navarre Parkway (U.S. Highway 98), a major thoroughfare with strong daily traffic.
- EXCELLENT ACCESS + SIGNALIZED INTERSECTION | The subject property is strategically positioned at a hard signalized intersection.
FOR SALE DETAILS
PRICE
$2,557,981 USD
PRICE/SF
$455 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MUV
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
HCD
APN/PARCEL ID
22-2S-27-0000-00100-0000
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305-395-6972
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305-395-6972
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