Pinnacle Announces Sale of AutoZone Property in Navarre, Florida

Justin Krieger, Principal at Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a single tenant net leased retail property located at 8832 Navarre Parkway in Navarre, Florida. The property, consisting of a 7,381 square foot building constructed in 2023 on a 0.9 acre lot, is occupied by AutoZone on a long-term absolute net ground lease. The transaction closed on April 15, 2024 at $1,521,652 in an all-cash transaction. Justin Krieger represented the Colorado-based 1031 exchange buyer.