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6863 Navarre Pky
Navarre, FL 32566
MUV Dispensary - Pensacola (Navarre), FL · Retail Property For Sale
Investment Highlights
- Brand new 10-year lease with 2 (5-year) options to extend.
- Ideal, management-free investment opportunity for a passive investor in a state with no state income tax state.
- The lease features a 3% annual rental increase throughout the initial term and option periods, boosting NOI and hedging against inflation.
- Investor benefits from fee-simple ownership of the building and land.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,626 SF
Building Class
B
Year Built/Renovated
2001/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.71 AC
Zoning
HCD - HCD Commercial
Frontage
Amenities
- Dedicated Turn Lane
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 22-2S-27-0000-00100-0000 | Improvements Assessment | $888,090 |
| Land Assessment | $282,606 | Total Assessment | $1,170,696 |
Property Taxes
Parcel Number
22-2S-27-0000-00100-0000
Land Assessment
$282,606
Improvements Assessment
$888,090
Total Assessment
$1,170,696
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