4843-4873 W Spencer Field Rd Milton, FL
Retail plaza with stable income in rapidly growing Pace, Florida.
Type:RETAIL
Property size:
26,250 SFLot size:
3.84 Acres- Added:
- Aug 31, 2025
- Days on Market:
- 215
- Last Refresh:
- Mar 29 at 10:01 pm
Property Features for 4843-4873 W Spencer Field Rd
General Information
- Standard status
- Active
- Size
- 26,250 SF
- Lot size
- 3.84 Acres
- Property subtype
- RETAIL
Listing agent Paul Salter, CCIM License #FL BK3105171 (850) 232-5371
Listing office Salter Commercial LLC (850) 232-5371
Listing date Aug 31, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Salter Commercial LLC
Overview
Retail Plaza in Growing Pace
This retail plaza is located in a rapidly growing area of Pace, Florida, offering high visibility and easy access to US 90, Berryhill Road, and Chumuckla Highway. The location benefits from a high-traffic corridor experiencing strong residential and commercial expansion, with easy access to major roads and county regions. The property features a NNN lease structure with 11 tenants and 113 parking spaces. Recent upgrades include the replacement of 90% of the HVAC units, paving and striping of the parking lot, and landscaping improvements such as upgraded flower beds and the removal of obstructive trees. The property generates a Net Operating Income (NOI) of $326,000 annually, providing stable cash flow from long-term tenants. The property size is 26250 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Santa Rosa
- State
- Florida
- Longitude
- -87.1491
- Latitude
- 30.6129
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Retail plaza with stable income in rapidly growing Pace, Florida.
Where is this strip mall located?
The property is located at 4843-4873 W Spencer Field Rd Milton, FL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Stable $326,000 Net Operating Income (NOI) annually.; NNN Lease structure with 11 tenants, providing stable cash flow.; High visibility location in a rapidly growing area of Pace, Florida.
