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Freestanding Retail Building with Drive-Through

704 Fl Ga Hwy Havana, FL 32333

704 Fl Ga Hwy, Havana, FL, 32333
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Turn-key retail building with drive-through, built in 2009.

Property Size2,405 SF
Price / SF$270.27
AddedMay 15
Days on Market62
Last RefreshJun 29 at 10:39 am

Property Features for 704 Fl Ga Hwy

General Information

Standard status
Active
Size
2,405 SF
Property subtype
RETAIL

Listing office NAI TALCOR | Tallahassee

Listing date May 15, 2026

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR | Tallahassee


Investment Insights

Based on property information with market context.

This freestanding retail building, constructed in 2009, offers a turn-key retail facility with excellent visibility and signage. Originally built for Buy-Rite Drugs, the property features 2,405 square feet and includes double drive-through lanes. The property is a single-tenant freestanding building.

Key Highlights

  • Excellent visibility for your business.
  • Double drive throughs in place, ready for immediate use.
  • Turn key retail facility, start operating right away.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $39.0k $16.20
− Vacancy −$2.3k −$0.97
EGI $36.6k $15.23
− OpEx −$9.2k −$3.81
NOI $27.5k $11.42
2,405 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$392.4K
$343.4K – $457.8K (±1% cap)
NOI $27,468 @ 7.0% cap · market cap 4.23%
Second Best
Retail
$333.7K
$292.0K – $389.3K (±1% cap)
NOI $23,359 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$589.6K
$515.9K – $687.9K (±1% cap)
NOI $41,272 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Storage Facility Kitchen & Bath Showroom Plumbing Service Auto Parts Store Bakery

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

FAQs

What type of property is this?
Retail space - Turn-key retail building with drive-through, built in 2009.
Where is this retail space located?
The property is located at 704 Fl Ga Hwy Havana, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Excellent visibility for your business.; Double drive throughs in place, ready for immediate use.; Turn key retail facility, start operating right away.
Contact an agent
(850) 251-5504 Call to check price and availability
More about this property
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