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    OFF-MARKET
    Neighborhood centers

    4208 Us-90, Pace, FL 32571

    73,070 SF Built 1990
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 2,400 square feet of versatile space within the established Riley Place Winn Dixie Shopping Center, located at 4208 US-90 in Pace, Florida (32571). Built in 1990 and renovated in 2019, this strip center boasts a total of 73,070 square feet and offers excellent visibility on US-90, a major thoroughfare with a daily traffic count of 35,000 vehicles. The property features a prominent pylon sign for maximum brand exposure. The space is divisible into two 1,200-square-foot units, providing flexibility for various business needs. With ample parking (40 spaces) and a recently refreshed parking lot, this center provides a convenient and attractive shopping experience. The zoning is HCD (Highway Commercial Development), and the property is situated in the Pace submarket of Santa Rosa County. The center currently houses several long-term tenants, creating a thriving retail environment. This location offers easy access for commuters traveling between Pensacola and Milton. The property's location within a well-established shopping center, combined with its high visibility and flexible layout, makes it an ideal location for a variety of retail, café, or service-based businesses. The property's APN is 10-1N-29-0000-02000-0000.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1990
    Total area 73,070 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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