4612 US-90, Pace, FL 32571

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.