8460 Navarre Pky - Auto Repair FOR SALE


Navarre, FL 32566
$1,774,599 USD
415-274-2706
8460 Navarre Pky, Navarre, FL for Sale
$1,774,599 USD
Auto Repair - FOR SALE
1/4
null | 6.85% Cap Rate

8460 Navarre Pky
Navarre, FL 32566


HIGHLIGHTS

  • Longstanding Goodyear demonstrating performance across multiple economic cycles
  • Corporate location with strong access and visibility to Navarre Parkway (48,000 VPD)
  • Significant development in the immediate corridor to include a planned Chick-fil-A
  • Low entry point basis with strong underlying real estate fundamentals
  • Adjacent to the planned Navarre Town Center, a 380,000 SF mixed use development comprised of 100,000 SF of retail and 280,000 SF of multi-family
  • Close proximity to Navarre Beach Causeway connecting Navarre Pkwy to Navarre Beach creating substantial traffic and influx of daytime population

OVERVIEW

Longstanding corporate Goodyear investment property located on Navarre Parkway which is a major thoroughfare with exposure to over 48,000 vehicles per day. Goodyear has successfully operated at the subject property for over 15 years and recently extended the lease, demonstrating a long-term commitment to the subject property. Significant development in the immediate area which include multifamily, hotel, and retail to include a planned Chick-fil-A in close proximity to the subject property.

FOR SALE DETAILS

PRICE

$1,774,599 USD

PRICE/SF

$277 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodyear

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

HCD

APN/PARCEL ID

20-2S-26-0000-00547-0000

ASK ABOUT THIS PROPERTY

Justin StarkCP Partners CREMore Info
415-274-2706

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Justin StarkCP Partners CREMore Info
415-274-2706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.