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Pace, FL NNN Properties for Sale

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Milton, FL Pensacola, FL Cantonment, FL Bagdad, FL Tampa, FL
NNN Neighborhood Retail Center
Updated: Jul 3
NNN Neighborhood Retail Center

5624-5646 Woodbine Rd, Pace, FL 32571

$5,240,000
Weighted average lease term (WALT) of approx. 0.2 years, with most leases set to turn within the next year
In‑place rents average approx. $15.82 PSF, with mark‑to‑market upside supported by higher comparable asking rents
Publix‑adjacent location at Stone Brook Plaza with built‑in daily traffic and necessity‑based shopping demand
All tenants operate under triple‑net (NNN) leases, with taxes, insurance, and CAM reimbursed to the landlord
Oversized parcel relative to current footprint, offering future optionality for site reconfiguration or pad development (subject to approvals)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pace, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Auto Body Property
NNN Auto Body Property

700 Edge St, Fort Walton Beach, FL 32547

$1,371,429
10,472 sqft 1.03 AC lot

Leased collision repair facility with long-term triple-net structure and nearby national retail anchors.

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Single-Tenant NNN Warehouse
Single-Tenant NNN Warehouse

3381 Bill Metzger Ln, Pensacola, FL 32514

$3,885,000
15,200 sqft 2.00 AC lot

Renovated industrial facility leased under an NNN structure with scheduled rent increases and multiple renewal options.

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Caliber Car Wash Property
Caliber Car Wash Property

794 Beal Parkway, Fort Walton Beach, FL 32547

Contact for pricing
4,514 sqft 1.24 AC lot

A 22-year NNN lease starts at closing and provides for annual rent increases.

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Freestanding Zaxby’s NNN Property
Freestanding Zaxby’s NNN Property

121 East 9 Mile Road, Pensacola, FL 32534

$3,884,000

Single-tenant restaurant with an absolute NNN lease and no landlord maintenance or expense obligations.

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Pace, FL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Pace, FL on our real estate platform.

Sale prices for triple net lease properties in Pace, FL average $5,240,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 41K
Population Growth (5Y) +16.4%
Median Household Income $89,137
College Educated 45.9%

High-Yield Neighborhoods for Investment

Identify Pace submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Milton - 32571 $5.2M

Listings Trend

New vs delisted commercial listings in Santa Rosa County

New Delisted

Total CRE Inventory on Market (SF)

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