Freestanding Restaurant for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30766537
Property Subtypes: Free-Standing Building, Restaurant
Contiguous Space: 3,362 SF
Gross Building Area: 3,362 SF
Gross Land Area: 0.86 Acres
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $4,482
Lease Types: NNN
Last Updated: 1/19/2022

Overview / Comments

Freestanding Restaurant in Pace, FL Available for Lease. Located just past the intersection of US Hwy 90 and Woodbine Rd, this location is the first restaurant on the east bound side of the Hwy as you enter into Pace. AADT of 34,000 with 150 Ft of Hwy Rd Frontage along with a Full Median Cut on US Hwy 90. 5 Mile Demographics include a Total Population of 37,534 and Average House Hold Income of $66,964.

Attachments & Media

Expand All Available Space

Suite: 3605 3,362 SF $16 PSF (Annual) NNN
Level/Floor: 1
Space Available: 3,362 SF
Lease Rate: $16 PSF (Annual)
$4,482 (Monthly)
Lease Type: NNN
Space Description: Open floorplan with front entrance and side entrance from wrap around porch. Includes 2 kitchen spaces and men's/ women's restroom
Space Subcategory: Free-Standing Store
Date Available: 10/8/2021
Lease Term: 36 Months
Space Type: Relet
Offices 1
Kitchen Yes
Parking Spaces 48
Rent Escalators Step-Up Lease
Rent Escalators Description 3% Annually

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 23-1N-29-0000-01300-0000
Zoning: HCD
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Located Between: Woodbine and Chumuckla
Property Visibility: Excellent
Largest Nearby Street: US Hwy 90
Feet of Frontage: 150
Traffic/Vehicle Count: 34,000
Highway Access: Immediate Ingress and Egress onto US Hwy 90. Avalon Blvd is 6 Miles to the East, with I-10 only 7 miles to the West
Airports: Pensacola International Airport (PNS)
Site Description: Corner Property with full median cut on Hwy 90 and deceleration lane. 2 means of ingress and egress into the property with large parking area. 3362 SF of heated and cooled space with additional 300 Ft of covered patio space and 480 Ft of open deck space.
Area Description: Pace, FL has seen the highest development in Santa Rosa County according to its Planning and Zoning Statistics & Charts. Pace, FL topped the County, ranking number one over a 24 year span for Commercial Permits. This growth has been attributed to Pace's "A" ranked school system and market demographics. 5 Mile demographics include Santa Rosa County and Escambia County with Pensacola only 3 miles from this site. 750 New Upscale Single Family Homes Under Construction only 2 miles from the restaurant. The University of West Florida is 4 miles distance along with access to I-10 only 7 miles and Avalon Blvd 6 miles.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,362 SF
Property Condition: Good
Year Built: 1987
Year Renovated: 2005
Roof Type: Gable
Total Parking Spaces: 48
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 150
Lot Depth: 290
Water Service: Municipal
Legal Description: Lengthy In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,045 21,530 53,245
Median Age: 39.15 38.86 37.42
Households: 823 8,070 20,558


Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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