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    8740 Ortega Park Dr Navarre, FL 32566

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $17 SF/Yr ($1,718 /Mo)

    Prime Navarre retail space, 1162 sq ft, NNN lease.

    Lot size:
    1,162 SF

    Description

    Added:
    Mar 12, 2025
    Days on Market:
    301
    This exceptional 1,162 square foot retail space, located in Suite 8756 of the Ortega Park Plaza at 8740 Ortega Park Drive, Navarre, Florida 32566, presents a remarkable opportunity for businesses seeking high visibility and strong market access. The property is situated in a thriving commercial area, benefiting from the significant foot traffic generated by an estimated 4.5 million annual visitors to the Emerald Coast. This location offers unparalleled convenience and exposure, with close proximity to a variety of established national retailers and restaurants, including Dunkin', McDonald's, and Dollar Tree. The space is available for lease under a NNN lease agreement with an annual rate of $17.75 per square foot. The total usable square footage is 1,162 square feet, mirroring the rentable square footage. This property is ideal for businesses seeking to establish a presence in a dynamic and rapidly growing retail community. Seize this chance to elevate your brand and capitalize on the significant potential of this prime Navarre location. The property is categorized as other retail properties, individual retail properties, shopping centers, and retail properties.

    Property Features for 8740 Ortega Park Dr

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,162 SF
    USF (Usable sq. ft)
    1,162 SF
    Class
    B
    Elevators
    N/A
    Total Rate
    1718.79

    Building Details

    Year Built
    2001
    Buildings
    2
    Stories
    1

    HighLights

    • 1,162 sq ft retail space available for lease in Navarre, FL.
    • Prime location near major retailers like Dunkin' and McDonald's, ensuring high visibility.
    • NNN lease; yearly rate of $17.75 per sq ft, situated in the bustling Ortega Park Plaza.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Navarre
    State
    Florida
    Longitude
    -87.172815
    Latitude
    30.634037

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    FAQs

    What type of property is this?
    Other retail property - Prime Navarre retail space, 1162 sq ft, NNN lease.
    Where is this other retail property located?
    The property is located at 8740 Ortega Park Dr Navarre, FL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 1,162 sq ft retail space available for lease in Navarre, FL.; Prime location near major retailers like Dunkin' and McDonald's, ensuring high visibility.; NNN lease; yearly rate of $17.75 per sq ft, situated in the bustling Ortega Park Plaza.
    (850) 434-3434
    Request Owner's contact information
    8740 Ortega Park Dr Navarre, FL 32566
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8740 Ortega Park Dr Navarre, FL 32566
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