Walmart Outparcel for Ground Lease or BTS

Navarre is nestled between Pensacola and Destin, boasting miles of exquisite white sand beaches, emerald waters, and picturesque sand dunes. It has evolved into one of the most desirable areas for both living and shopping. With an estimated 4.5 million annual visitors to the Emerald Coast, Navarre Beach has earned recognition from USA Today as one of the top 5 beaches in Florida. The location is conveniently close to various military bases in the region, including the Pensacola Naval Station, Naval Air Station Whiting Field, Hurlburt Field, and Eglin Air Force Base.Strategically located in the bustling retail center of Navarre, Florida, within Santa Rosa County, this prime development site is surrounded by newly constructed homes. Boasting approximately 180 feet of frontage on Navarre Parkway (Highway 98) with dedicated turning lanes, the property includes a cross-access agreement with Walmart for convenient eastward access through a well-lit intersection. Positioned at the heart of desirable Navarre, FL, this expansive site is ideal for retail, quick-service restaurants, and stand-alone stores. It is one of the largest and most promising development opportunities in Northwest Florida, offering excellent visibility along the heavily traveled US Highway 98, with approximately 41,500 Average Annual Daily Traffic (AADT). Zoned as HCD (Highway Commercial Development District - Santa Rosa County), the property zoning supports a wide range of commercial uses, including retail shopping centers, hotels, grocery stores, multi-family housing, and more. Join prominent brands like Walmart, Aldi, Dunkin' Donuts, Firestone, and others at the newest retail development in Northwest Florida.