6863 Navarre Pky | Navarre, FL 32566
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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
Building Size
5,626 SF
Building Class
B
Year Built/Renovated
2001/2023
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
0.71 AC
Zoning
HCD - HCD Commercial
Parking
6.58 Spaces per 1,000 SF Leased
PROPERTY TAXES
| Parcel Number | 22-2S-27-0000-00100-0000 | Improvements Assessment | £676,953 |
| Land Assessment | £220,177 | Total Assessment | £897,130 |
PROPERTY TAXES
Parcel Number
22-2S-27-0000-00100-0000
Land Assessment
£220,177
Improvements Assessment
£676,953
Total Assessment
£897,130
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