6863 Navarre Pky | Navarre, FL 32566
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This Retail Property is no longer advertised on LoopNet.com.
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
- General Retail Freestanding
- General Retail Storefront
- General Retail Storefront Retail/Office
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
Parcel Number | 22-2S-27-0000-00100-0000 | Improvements Assessment | $854,653 |
Land Assessment | $277,974 | Total Assessment | $1,132,627 |
PROPERTY TAXES
Parcel Number
22-2S-27-0000-00100-0000
Land Assessment
$277,974
Improvements Assessment
$854,653
Total Assessment
$1,132,627
Learn More About Investing in Retail Properties
Listing ID: 27423009
Date on Market: 1/3/2023
Last Updated:
Address: 6863 Navarre Pky, Navarre, FL 32566
The Retail Property at 6863 Navarre Pky, Navarre, FL 32566 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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