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


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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