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Broker Associate D. 850.240.0527 [email protected] HARRY BELL 8250 NAVARRE PKWY NAVARRE, FL 32566 EXCLUSIVE LAND INVESTMENT OPPORTUNITY - OFFERING MEMORANDUM

8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

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Page 1: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

Broker AssociateD. [email protected]

HARRY BELL

8250 NAVARRE PKWYN A V A R R E , F L 3 2 5 6 6

E X C L U S I V E L A N D I N V E S T M E N T O P P O R T U N I T Y - O F F E R I N G M E M O R A N D U M

Page 2: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

• 2 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

PROPERTY OVERVIEWThe 33.38 acre site is located on Navarre Parkway (U.S. Highway 98) and Highway 87South in Navarre, Florida. This property is a prime commercial development opportunitybeing located directly next to the Publix Anchored shopping center, the Shoppes ofNavarre, and is close proximity to shopping, entertainment, and beaches. The property isone of the largest and best retail development sites available in Northwest Florida, itwould be best suited for a large shopping center or power-center site that will attractnational big-box anchor tenants and retailers. The site is comprised of two parcels(20-2S-26-0000-01701-0000) and (17-2s-26-2750-070000-0030).

PROPERTY SUMMARYSale Price: $7,000,000

Property Type: Vacant Commercial Land

Lot Size: 33.4 Acres

APN #: 20-2S-26-0000-01701-0000and

17-2s-26-2750-070000-0030

Cross Streets: US Hwy 98 & Hwy 87

Traffic Count: 52,000 VPD

8250 NAVARRE PKWYNAVARRE, FL 32566

E X E C U T I V E S U M M A R Y

O F F E R I N G M E M O R A N D U M

Page 3: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

• 3 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

PROPERTY ADDRESS: 8250 Navarre PkwyNavarre, FL 32566

APN: 20-2S-26-0000-01701-0000 and 17-2s-26-2750-070000-0030

SIZE: +/- 33.38 Acres

ZONING: HCD - Highway Commercial Development District

ACCESS: Excellent access and exposure

FRONTAGE: +/- 1,030 Ft along Navarre Pkwy and +/- 700 Ft along SR - 87

FLOOD ZONE: Flood Zone X is a Special Flood Hazard Area determined to beoutside the 500-year floodplain.

UTILITIES: Electricity, irrigation, water, telephone, cable, gas/propane

SURROUNDING LAND

USE:

Most of the surrounding land is commercial-oriented. The mainproperty uses include retail, restaurants, and waterfront condos/residential homes.

8250 NAVARRE PKWYNAVARRE, FL 32566

P R O P E R T Y D E T A I L S

O F F E R I N G M E M O R A N D U M

Page 4: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

8250 NAVARRE PKWYNAVARRE, FL 32566

R E T A I L E R M A P

O F F E R I N G M E M O R A N D U M

• 4 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

Page 5: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

8250 NAVARRE PKWYNAVARRE, FL 32566

C O N C E P T U A L S I T E P L A N

O F F E R I N G M E M O R A N D U M

• 5 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

Page 6: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

• 6 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

NAVARRE, FLORIDA

• Navarre, Florida is a compact beach community that has a 12 mile stretch of

pristine white sand beaches and emerald blue waters. Navarre is in close

proximity to three large military bases; NAS Pensacola, Whiting Field in Milton,

and Eglin Air Force Base in Ft. Walton Beach. The surrounding areas continue

to grow as this is a large tourist destination and also bringing in many new job

opportunities. The area is estimated to grow at a rate of 6% annually.

8250 NAVARRE PKWYNAVARRE, FL 32566

N A V A R R E , F L O R I D A S U M M A R Y

O F F E R I N G M E M O R A N D U M

Page 7: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

• 7 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

8250 NAVARRE PKWYNAVARRE, FL 32566

L O C A T I O N M A P S

O F F E R I N G M E M O R A N D U M

Page 8: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

8250 NAVARRE PKWYNAVARRE, FL 32566

D E M O G R A P H I C S M A P

O F F E R I N G M E M O R A N D U M

• 8 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

* Demographic data derived from 2010 US Census

1 Mile 5 Miles 10 Miles

Total Population 1,560 23,145 48,214Population Density 497 295 153Median Age 38.2 35.8 36.8Median Age (Male) 39.3 36.7 37.3Median Age (Female) 37.5 35.4 36.6Total Households 620 8,510 18,384# of Persons Per HH 2.5 2.7 2.6Average HH Income $61,576 $68,359 $71,781Average House Value $247,715 $258,216 $256,674

Page 9: 8250 NAVARRE PKWY - LoopNet...8250 NAVARRE PKWY NAVARRE, FL 32566 DEMOGRAPHICS MAP OFFERING MEMORANDUM • 8 • MORE INFORMATION AVAILABLE BHHSPENFED.COM Broker Associate D. 850.240.0527

8250 NAVARRE PKWYNAVARRE, FL 32566

D E M O G R A P H I C S R E P O R T

O F F E R I N G M E M O R A N D U M

• 9 •MORE INFORMATION AVAILABLE

BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]

HARRY BELL

1 MILE 5 MILES 10 MILES

Total population - Hispanic 95 / 6.1% 1,618 / 7.0% 3,531 / 7.3%

1 MILE 5 MILES 10 MILES

Total households 620 8,510 18,384

Total persons per hh 2.5 2.7 2.6

Average hh income $61,576 $68,359 $71,781

Average house value $247,715 $258,216 $256,674

1 MILE 5 MILES 10 MILES

Total population - White / % White 1,340 / 85.9% 18,853 / 81.5% 40,110 / 83.2%

Total population - Black / % Black 72 / 4.6% 2,221 / 9.6% 3,669 / 7.6%

Total population - Asian / % Asian 79 / 5.1% 791 / 3.4% 1,817 / 3.8%

Total population - Hawaiian / % Hawaiian 0 / 0.0% 0 / 0.0% 0 / 0.0%

Total population - Indian / % Indian 7 / 0.4% 156 / 0.7% 253 / 0.5%

Total population - Other / % Other 6 / 0.4% 209 / 0.9% 462 / 1.0%

1 MILE 5 MILES 10 MILES

Total population 1,560 23,145 48,214

Median age 38.2 35.8 36.8

Median age (male) 39.3 36.7 37.3

Median age (female) 37.5 35.4 36.6

* Demographic data derived from 2010 US Census