New Construction, In-Line Unit in Pace, FL

Shopping Center for Lease
Also listed as Office, Retail-Commercial
Catylist Listing ID: 30827140
Property Subtypes: Neighborhood Center
Building Status: Proposed
Contiguous Space: 1,336 SF
Building Size (RSF): 1,336 SF
Gross Building Area: 15,000 SF
Gross Land Area: 1.71 Acres
Lease Rate: $23 PSF (Annual)
Base Monthly Rent: $2,560
Lease Types: NNN
Usable Size (USF): 1,336 SF
Last Updated: 3/17/2023

Overview / Comments

Rare opportunity to lease space in Pace, FL less than a half mile to the 5 points intersection. This new 3 unit strip center, anchored by Dollar Tree and Pinch A Penny will break ground in 2023. The 1,336 SF in-line unit will be delivered in vanilla box shell. Commercial businesses are needed as Pace's residential expansion continues with another 1,550 homes underway in the immediate area on both Woodbine and Berryhill. Demographics within a 3 mile radius include a Total Population of 20,085 and Average House Hold Income of $79,072. 405 Ft of Frontage on Berryhill Rd with an AADT of 10000 (traffic count is higher than reported).

Attachments & Media

Expand All Available Space

Suite: Unit B 1,336 SF $23 PSF (Annual) NNN
Level/Floor: 1
Space Available: 1,336 SF
Lease Rate: $23 PSF (Annual)
$2,560 (Monthly)
Lease Type: NNN
Date Available: 4/1/2023
Lease Term: 36 Months
Space Type: New
Parking Spaces 63
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: PACE
Tax ID/APN: 32-2N-29-0000-01424-0000
Zoning: HCD
Retail Clientele: General, Family
Property Located Between: Berryhill
Property Visibility: Excellent
Largest Nearby Street: Berryhill Rd
Feet of Frontage: 405
Traffic/Vehicle Count: 10,000
Highway Access: Immediate Ingress/ egress on Berryhill Rd. Half a mile to 5 Point Intersection.
Airports: Pensacola International Airport, Naval Air Station Whiting Field, Peter Prince Air Field
Area Description: Pace is located in Northern Santa Rosa County which is experiencing a massive growth rate most notably in the northern portion of the County, placing it as the 8th fastest growing County in the state of Florida according to the SRC EDC. The County is also noted as being the 4th highest Median Household Income in the state of Florida. Publix Shopping Center at Five Points anchors this area just one mile north. Major housing developments currently underway include the Lakes of Woodbine (700 new homes) and Parkland (850 new homes). The County is currently in development with the buildout of a new $39.8M K-8 school scheduled to open in late 2023 serving nearly 1,200 students just north of this site. Additional completed and projected developments include Piggly Wiggly, Ron's Car Wash, Tractor Supply along with others not officially named.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2023
Parking Type: Surface
Total Parking Spaces: 63
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 405
Lot Depth: 244
Water Service: Municipal
Legal Description: In file

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,215 34,427
Median Age: 39.99 39.12
Households: 6,603 12,749


Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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