Prime Retail Pad Site
4612 US-90, Pace, FL 32571
Pad site ready for retail/restaurant with drive-through potential.
Type:Retail, Land
Property size:
8,861 SFLot size:
2.23 AcresPrice / SF:
$95/SF- Added:
- Sep 12, 2018
- Days on Market:
- 2821
- Last Refresh:
- May 19 at 8:41 pm
Property Features for 4612 US-90
General Information
- Standard status
- Active
- Size
- 8,861 SF
- Lot size
- 2.23 Acres
- Property subtype
- Retail, Land
Building Details
- Year Built
- 1979
Listing agent Bryan Coughlin License #FL SL3382579
Listing office SVN | SouthLand Commercial Pensacola
Listing date Sep 12, 2018
Source Crexi
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 SVN | SouthLand Commercial Pensacola
HighLights
- Prime location at the lighted corner of Highway 90 and East Spencer Field Road in Pace, Florida.
- High traffic counts: Over 33,500 vehicles per day on Highway 90 and 10,500 vehicles per day on East Spencer Field Road.
- Existing multi‑tenant development with established tenants: Hancock Bank and Jimmy John's.
- Pad site ready for build‑out of up to 5,400 SF of retail/restaurant space, with drive‑through capability.
- All infrastructure in place for new construction on the pad site.
- Proximity to numerous national retailers, restaurants, and banks.
Overview
This multi-tenant development is situated on a 2.23-acre site at the lighted corner of Highway 90 and East Spencer Field Road in Pace, Florida. The existing building on the property is occupied by Hancock Bank and Jimmy John's Gourmet Sandwiches. The site features 225 feet of frontage on Highway 90, which sees over 33,500 vehicles per day. It also has 135 feet of frontage and direct access to East Spencer Field Road, a north-south corridor with a daily traffic count of 10,500 vehicles, connecting residential areas to the commercial and retail core of Highway 90. This section of Highway 90 is the primary shopping, dining, entertainment, and banking area for the community. The property is surrounded by businesses such as Target, Publix, Home Depot, Lowe's, TJ Maxx, and PetSmart, among others. New developments in the immediate area include McDonald's, Starbucks, Kay Jeweler's, Panera Bread and others. Phase I of the project included a complete interior and exterior renovation to the existing building for Hancock Bank and Jimmy John's, ingress/egress improvements on both Highway 90 and East Spencer Field Road, storm water retention expansion, re-striping and re-sealing of the parking lot, all new landscaping, and a new pylon sign. The pad site has all infrastructure in place and is ready to build up to an additional 5,400 square feet of retail or restaurant space, with the possibility of a drive-through on the east end-cap. The property size is 8,861 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Pace
- County
- Santa Rosa
- State
- Florida
- Longitude
- -87.194
- Latitude
- 30.6712
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Pad site ready for retail/restaurant with drive-through potential.
Where is this retail space located?
The property is located at 4612 US-90 Pace, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Prime location at the lighted corner of Highway 90 and East Spencer Field Road in Pace, Florida.; High traffic counts: Over 33,500 vehicles per day on Highway 90 and 10,500 vehicles per day on East Spencer Field Road.; Existing multi‑tenant development with established tenants: Hancock Bank and Jimmy John's.
