5624-5646 Woodbine Rd - Retail FOR SALE


Pace, FL 32571
$5,240,000 USD
305-395-6972
5624-5646 Woodbine Rd, Pace, FL for Sale
$5,240,000 USD
Retail - FOR SALE
1/32
null | 6.03% Cap Rate

5624-5646 Woodbine Rd
Pace, FL 32571


HIGHLIGHTS

  • Strategically positioned adjacent to a Publix-anchored shopping center
  • All tenants operate under triple-net lease structures
  • Situated on an oversized parcel offering future optionality
  • Located in a rapidly growing suburban community within the Pensacola MSA
  • Average household incomes exceed $97,000 within a five-mile radius
  • Acquisition basis is below replacement cost

OVERVIEW

Stone Brook Plaza is a 100% occupied, ±20,500 SF neighborhood shopping center in Pace, FL, offering a value-add investment opportunity with below-market rents and near-term lease roll-over for mark-to-market upside.

FOR SALE DETAILS

PRICE

$5,240,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

6.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stone Brook Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

4.34 AC

LAND SF

189,050 SF

ZONING

HCD

APN/PARCEL ID

040-004289

ASK ABOUT THIS PROPERTY

Daniel GonzalezMatthews Real Estate Investment ServicesMore Info
305-395-6972

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Daniel GonzalezMatthews Real Estate Investment ServicesMore Info
305-395-6972

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.