8870 Navarre Pkwy.
Navarre (Pensacola MSA), FL
- Cap Rate:
- Rentable SQFT:
- 6,600 SF
- Year Built:
- Lot Size:
- 1.556 +/- Acres
- Lease Type:
- Absolute NNN
- Under Contract
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Corporate Guaranty from Bridgestone Retail Operations, LLC
- Firestone is a Fortune 500 Company, Rated ‘A’ by S&P
- Brand New 2021 High-Quality Construction
- Serving Over 51,714 Residents within Growing Trade Area, One of the Fastest Growing Counties in the U.S.
- Population Growth Rate of 2% Through 2025, 1,500 New Single-Family Homes Needed Annually to Meet Projected Growth
- Average Household Income Exceeds $91,000 within 1, 3, and 5 Miles
- Highly Visible to 44,500 Cars/Day Along One of the Most Traveled Arteries in Northwest Florida
- Closest Firestone is Over 10 Miles Away, Demand for Auto Parts, Accessories, and Tire Stores Estimated to be $43.4 Million in Trade Area
- Situated within Grocery-Anchored Development with Aldi Opening Soon, a Proposed Dunkin Donuts/T-Mobile, Another QSR/Two-Tenant Retail Building, and a Brand New Church on 5 Acres
- Adjacent to Baptist Health Medical Park with 555 Employees, Just Opened New Emergency Room and Urgent Care Facilities
- Minutes to Gulf Islands National Seashore with 5.6 Million Visitors Annually and Navarre Beach with Approximately 600,000 Visitors Annually
- Close Proximity to Several Military Bases, Including the Pensacola Naval Station, Naval Air Station Whiting Field, Hurlburt Field, and Eglin Air Force Base
- Strong Daytime Population, Over 83,000 Employees in Santa Rosa County
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