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6863 Navarre Pky
Navarre, FL 32566

MUV Dispensary - Pensacola (Navarre), FL · Retail Property For Sale

Investment Highlights

  • Brand new 10-year lease with 2 (5-year) options to extend.
  • Ideal, management-free investment opportunity for a passive investor in a state with no state income tax state.
  • The lease features a 3% annual rental increase throughout the initial term and option periods, boosting NOI and hedging against inflation.
  • Investor benefits from fee-simple ownership of the building and land.

PROPERTY FACTS

Property Type
Retail
Building Size
5,626 SF
Building Class
B
Year Built/Renovated
2001/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.71 AC
Zoning
HCD - HCD Commercial
Parking
6.58 Spaces per 1,000 SF Leased

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-2S-27-0000-00100-0000
Land Assessment
$277,974
Improvements Assessment
$854,653
Total Assessment
$1,132,627
  • Listing ID: 27423009

  • Date on Market: 1/3/2023

  • Last Updated:

  • Address: 6863 Navarre Pky, Navarre, FL 32566

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