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8844 Navarre Pkwy, Navarre, FL, 32566

Panera Bread
$3,892,523

Key Information

Cap Rate
5.35%
Tot. SF
3,200
Year Built
2025
Type
Retail
NOI
$208,250

Highlights

  • Fee-Simple Building & ownership of Panera allows for depreciation.
  • Investment located in Navarre’s primary retail corridor.
  • Highly visible location along U.S. Route 98 at the Intersection of US-98 Navarre Parkway (±46,000 AADT).
  • ±24,794 (3-mi Radius) & ±45,093 (5-mi Radius).
  • Avg. Household Incomes in 1, 3, and 5-mile radius exceeds $120k.
  • Within a 15-minute Drive-Time there is a population of 55,284, 20,516 Households, and an Avg. HH Income of $115k.
  • Panera is located between Auto Zone, Dunkin’, and T-Mobile, and located just down from Aldi. It is surrounded by Walmart Supercenter, Publix Market at Shoppes of Navarre, Winn-Dixie, CVS, Walgreens, Culver’s, McDonald’s, and several other national retailers.
  • Minutes to Gulf Islands National Seashore with 8.2 million visitors annually and Navarre Beach with around 600,000 visitors annually.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203