Join Hancock Bank - New Retail Development - Pace, FL Retail Core

Retail-Commercial for Lease
Catylist Listing ID: 29966774
Property Subtypes: Free-Standing Building
Building Status: Proposed
Contiguous Space: 1,386 - 6,586 SF
Building Size (RSF): 8,490 SF
Gross Land Area: 2.23 Acres
Lease Rate: $25 - 30 PSF (Annual)
Base Monthly Rent: $2,887 - 16,465
Lease Types: NNN
Building Name: Retail Space Available - Proposed Development - Pace, FL Reta...
Last Updated: 10/17/2017

Overview / Comments

This 8,786 SF +/- multi-tenant development is located on a 2.23 acre site at the lighted corner of Highway 90 and East Spencer Field Road in the retail epicenter of Pace, Florida, one of the state's most rapidly growing communities. Hancock Bank will occupy the 2,200 SF on the west end cap and spaces available range from 1,000-6,586 SF.

The site has 225 feet of frontage on Highway 90 with over 33,500 vehicles per day passing the site. The property also has 135 feet of frontage and direct access to East Spencer Field Road, which is a north-south corridor with 10,500 vehicles per day connecting the primary residential areas to the commercial and retail core of Highway 90.

This section of Highway 90 is the primary shopping, dining, entertainment, and banking area of the community. Other businesses within a half a mile of the site include Target, Publix, Home Depot, Lowe's, TJ Maxx, PetSmart, Office Depot, Dollar Tree, Rent-A-Center, Ridge Cinema, Aspen Dental, GNC, Anytime Fitness, Regions Bank, Synovus Bank, Navy Federal Credit Union, Member's First Credit Union, Hancock Bank, GameStop, Mattress Firm, UPS Store, Verizon, Batteries Plus, Murphy Express, Chili's, Baskin-Robbins, Village Inn, Papa Murphy's, Jersey Mike's, Sweet Frog, Ruby Tuesday, Ryan's Buffet, Whataburger, Chick-Fil-A, Shane's Rib Shack, McDonald's, Waffle House, and Guthrie's.

Projected completion of the development is 4Q 2017. Lease rates are negotiable depending on build-out requirements.

• 1,500-6,586 SF of brand new construction space available
- Hancock Bank will occupy 2,200 SF on the west end-cap
• Located in retail epicenter of one of Florida's fastest-growing communities
• Over 44,000 vehicles per day on a lighted corner of two major corridors
• Great ingress/egress plus abundant parking with current site plan showing 97 spaces (11 per 1,000 SF)
• Lease rates are negotiable depending on build-out requirements

Attachments & Media

Expand All 2 Spaces Available

Suite: Expansion Space 5,200 SF $30 PSF (Annual) NNN
Suite: B 1,386 SF $25 PSF (Annual) NNN

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 11-1N-29-0000-03000-0000
Road Type: Highway
Largest Nearby Street: Highway 90 & East Spencer Field Road
Feet of Frontage: 225
Area Description: This section of Highway 90 is the primary shopping, dining, entertainment, and banking area of the community. Other businesses within a half a mile of the site include Target, Publix, Home Depot, Lowe's, TJ Maxx, PetSmart, Office Depot, Dollar Tree, Rent-A-Center, Ridge Cinema, Aspen Dental, GNC, Anytime Fitness, Regions Bank, Synovus Bank, Navy Federal Credit Union, Member's First Credit Union, Hancock Bank, GameStop, Mattress Firm, UPS Store, Verizon, Batteries Plus, Murphy Express, Chili's, Baskin-Robbins, Village Inn, Papa Murphy's, Jersey Mike's, Sweet Frog, Ruby Tuesday, Ryan's Buffet, Whataburger, Chick-Fil-A, Shane's Rib Shack, McDonald's, Waffle House, Panera, Moe's, and Guthrie's.
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 2017
Total Parking Spaces: 109
Parking Ratio: 12.8 (per 1000 SF)
Parking Type: Surface
Lot Frontage: 225
Lot Depth: 335

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,738 30,388 52,656
Median Age: 37.85 38.13 38.7
Households: 663 11,453 20,283

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