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