4612 - 4614 Highway 90 Pace, FL 32571

This exceptional 0.77-acre retail pad site presents a remarkable investment opportunity in Pace, Florida, a rapidly growing community. Located at the highly visible, lighted intersection of Highway 90 and East Spencer Field Road, this property boasts over 225 feet of frontage on Highway 90, experiencing over 33,500 vehicles daily, and an additional 135 feet of frontage on East Spencer Field Road with 10,500 vehicles daily. The site is part of a recently completed redevelopment project, featuring infrastructure improvements such as master stormwater retention, a resurfaced and restriped parking lot, new curbing, turn lanes, irrigation, landscaping, and a new pylon sign. The existing building houses Hancock Bank and Jimmy John's, benefiting from the enhanced visibility and accessibility. This pad site is ready for immediate development, offering the potential to construct up to 5,400 square feet of retail or restaurant space, with the option of incorporating a drive-through on the east end-cap. The site plan includes 97 parking spaces (11 per 1,000 SF). The property is situated in a thriving retail corridor, surrounded by major national retailers including Target, Publix, Home Depot, Lowe's, and many more. Recent developments in the immediate area further enhance the location's desirability. The pad site is available for sale at $849,000 or via a ground lease at $79,000 per year. Build-to-suit rates are negotiable.