Catylist ID:
#30777168
5 Points-Pace Corner 2.34 Ac-Former Circle K
Retail-Commercial
for Sale
| Catylist Listing ID: | 30777168 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant |
| Building Size (RSF): | 9,965 SF |
| Gross Land Area: | 2.34 Acres |
| Sale Price: | $2,500,000 |
| Unit Price: | $250.88 PSF |
| Ceiling: | 12 ft. |
| Property Use Type: | Investment |
| Building Name: | Formerly Circle K (Built new store across the street) |
| Usable Size (USF): | 9,965 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/30/2023 |
Overview / Comments
|
Former Circle K (they built a new store across the street). (Restricted-no convenience store will be allowed) This is the most prominent corner in the county! The former store has 5,773 SF. ***Buyer must use Circle K's LOI & Contract*** Santino's Pizza Restaurant next door has 2,527 SF and is leased. Lease expires 2/25/2027 and has two 5 yr options to renew. (Rent thru 2/25/2022 $4,177.44 per mo./ 2/26/22-2/25/2027 $4,804.06 per mo./ 2/26/27-2/25/2032 $5,524.67 Blue Angel Ice's lease expires 10/14/24 (they are in the parking lot) $408 per mo. The car wash next door (north side) is 0.46 Ac and 1,665 SF and is included in this sale. |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Santa Rosa |
| Taxing Authority: | Santa Rosa Co. |
| Tax ID/APN: | 31-2N-29-0000-00103-0000 |
| Zoning: | HCD |
| Retail Clientele: | General |
| Property Located Between: | Woodbine @ Quintette @ Chumuckla @ Berryhill |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Woodbine Rd |
| Feet of Frontage: | 346 |
| Traffic/Vehicle Count: | 18,500 |
| Highway Access: | Fronts on Woodbine Rd & Quintette Rd |
| Airports: | Pensacola |
| Site Description: | Corner location-8,608 SF Bldg with paved parking and retention pond in place. |
| Area Description: | Lots of retail fronting on Woodbine and Quintette and Berryhill with tons of roof tops. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 8,608 SF |
| Property Condition: | Good |
| Year Built: | 2001 |
| Roof Type: | Flat |
| Construction/Siding: | Brick, Wood Frame |
| Exterior Description: | Nice brick finish (see photos) |
| Total Parking Spaces: | 73 |
| Parking Ratio: | 8.4 (per 1000 SF) |
| Parking Type: | Surface |
| Parking Description: | Paved striped |
| Sprinklers: | None |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Internet Access: | Cable |
| Interior Description: | Typical former C-Store....open space / coolers etc. |
| Zoning Description: | HCD-Highway Commercial District. Allows retail / Office uses. |
| Lot Frontage: | 346 Woodbine / 190 Quintette Rd |
| Lot Depth: | 197 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
| Land Ownership: | Fee simple |
| Legal Description: | In File |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,635 | 18,215 | 34,427 |
| Median Age: | 44.53 | 39.99 | 39.12 |
| Households: | 991 | 6,603 | 12,749 |
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