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PANERA BREAD 8844 Navarre Park ln 3,200 SF Retail Building Navarre, FL 32566 $3,966,667 ($1,239.58/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Fee-Simple Building & ownership of Panera allows for depreciation
- Highly visible location along U.S. Route 98 at the Intersection of US-98 Navarre Parkway (±46,000 AADT)
- Rare 15-Year Panera Corp. Lease with rent commencement June 15, 2025
- Investment located in Navarre's primary retail corridor
- Minutes to Gulf Islands National Seashore with 8.2 million visitors annually and Navarre Beach with around 600,000 visitors annually
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,200 SF
Building Class
B
Year Built
2025
Price
$3,966,667
Price Per SF
$1,239.58
Cap Rate
5.25%
NOI
$208,266
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.75 AC
Zoning
HCD - Highway commercial distract
Frontage
AMENITIES
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-2S-26-0780-0AA10-0000 | Improvements Assessment | $0 |
| Land Assessment | $359,370 | Total Assessment | $359,370 |
PROPERTY TAXES
Parcel Number
21-2S-26-0780-0AA10-0000
Land Assessment
$359,370
Improvements Assessment
$0
Total Assessment
$359,370
CONTACTS
-
Bennett Holman -
Jared Kaye -
Grant Morgan -
Simon Ben-Moshe -
Sonny Molloy -
Matthews Real Estate Investment Services
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PANERA BREAD | 8844 Navarre Park ln
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