Multi-Tenant Investment Property Navarre, FL

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30782931
Property Subtypes: Strip Center, Other
Status: Pending
Building Size (RSF): 16,500 SF
Gross Building Area: See Agent
Gross Land Area: 1.42 Acres
Sale Price: $2,900,000
Unit Price: $175.76 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Leased Multi-Tenant Investment Property in Booming Navarre FL

Great mix of tenants include- RX Express, Lab of Navarre, Select Physical Therapy, Domino’s Pizza, Thailand’s Best and the Newest Tenant Mini Escape Massage

Extensive contemporary renovations completed in 2016

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 21-2S-26-0000-00127-0000
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Ortega and Navarre Pkwy
Property Visibility: Excellent
Largest Nearby Street: Navarre Pkwy
Feet of Frontage: 126
Site Description: Developed to house multi tenant strip center with parking and ingress across front portion of property
Area Description: Booming area of Navarre, FL has seen continued and explosive growth over the past decade with total employment expanding by 20%. In the past 5 years Navarre has doubled its bed tax revenue
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Construction/Siding: Stucco
Lot Frontage: 126
Lot Depth: 307
Legal Description: in file

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,398 17,411 28,525
Median Age: 33.09 36.33 36.09
Households: 1,595 6,618 10,726

Contact

Photograph of Listing Agent

Tina Tortomase MiCP

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Cameron Cauley, SIOR MiCP

NAI Pensacola Gulf Coast CMLS Member
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