6899 Navarre Parkway, Navarre, FL 32566 (MLS# 712090)

Contract Info

Listing Board: Emerald Coast List Date: 2014-08-15 List Price: $1,440,000

Location, Tax and Legal

Sub Area: 1105 - West Navarre Property Name: Family Dollar Center Legal Description: COM I/S OF SLY R/W OF HWY 98 & E LINE OF W2 OF SW4 TH N 89* W 1140 FT TO WLY R/W OF SEE LARK LANE FOR POB TH S 200 FT TH N 89* W 270 FT TH N 200 FT TO SLY R/W OF HWY 98 TH S 89* E ALONG R/W 270 FT TO POB AS DES IN OR 2158 PG 1331 LESS TH E WEST 50.94 FT AS DES IN OR 2259 PG 197 (#16.2)

General Property Info

Description: Gulf Coast Franchise Dev Inc. Vacant: No Lot SqFt: 43800 Immediate Occupancy: No Lot Depth: 200 Zoning: HCD Lot Frontage: 219 Acreage: 1.01

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: Anchor tenant (Family Dollar) recently remodeled and plans to stay for long term lease as do 2 other tenants. Turn lanes with traffic signal both direction on Hwy 98 accessing the building. Note: Listing Agent has ownership of the property.

Class

Retail: 1

Construction Status

Existing: 1

Retail

Property Type: Strip Center Year Built: 2003 Unit SqFt: 13400 Building SqFt: 13400 Scheduled Income: 156984 Actual Gross Income: 156984 Expenses: 27400 Net Operating Income: 129584 Cap Rate: 9 # of Units: 3

None

Current Price: $1,250,000

Status Change Info

Status: Sold Under Contract Date: 2015-01-29 Sold Date: 2015-07-28 Sold Price: $1,250,000

Location Tax and Legal

Area: 11 - Navarre/Gulf Breeze Street #: 6899 Street Name: Navarre Street Suffix: Parkway State: FL Zip Code: 32566 County: Santa Rosa Parcel ID: 23-2S-27-0000-01601-0000

Property Features

Class: Retail Construction Status: Existing