6863 Navarre Pkwy Navarre, FL 32566
Retail property with long-term lease and high visibility.
Property size:
5,626 SFLot size:
0.71 AcresProperty Features for 6863 Navarre Pkwy
General Information
- Size
- 5,626 SF
- Lot size
- 0.71 Acres
Source:
Moodyscre
Listing Agent: Daniel Gonzalez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Navarre Parkway Retail Investment Opportunity
This retail property features a long-term lease with approximately 8 years remaining on the base term, extending until March 2033, and includes two additional five-year extension options. The property benefits from its location on Navarre Parkway (U.S. Highway 98), a major thoroughfare with a high daily traffic count of approximately 42,500 vehicles per day. U.S. Highway 98 serves as a key east-west corridor from Alabama to Florida’s east coast, providing exceptional visibility and accessibility. Positioned at a signalized intersection, the property offers full access with right-in, right-out, left-in, and left-out turning movements. The surrounding area of Navarre is experiencing rapid development, with multiple site plans approved for 2024 and 2025, including a new McDonald’s, a Holiday Inn Express, Chipotle, Soundview Point Villas, Panera, and Zoomies Pet Hotel. The property is suitable for cannabis dispensary tenants, who are less likely to relocate due to restrictive zoning regulations. The property is located in Florida, a state with no state income tax.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places Nearby
Huy G. Tran, PharmD, Smoothie King, Kenneth Gade, Susan Vandivier, Walgreens Pharmacy
Location Insight
- Map
- Local Demand
- City
- Navarre
- County
- Santa Rosa
- State
- Florida
- Longitude
- -86.9358982
- Latitude
- 30.4017154
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Retail property with long-term lease and high visibility.
Where is this drug store located?
The property is located at 6863 Navarre Pkwy Navarre, FL.
What is the asking price?
The asking price for this property is $2,387,453.
What are key features of this property?
This property features: - Long-term lease with approximately 8 years remaining on the base term, extending to March 2033, plus two 5-year extension options.; - **High visibility location with prime frontage on Navarre Parkway (U.S. Highway 98), experiencing high daily traffic (\u00b142,500 VPD).**; - Strategic positioning at a signalized intersection, providing full access for customers.