4729 Us-90, Pace, FL 32571
Santa Rosa Commons, a Class A power center in Pace, Florida, offers a prime retail leasing opportunity. This single-story, 247,032 square foot building sits on a 33.02-acre lot (1,438,506 square feet) and boasts 815 parking spaces. Currently, 1,800 square feet of space is available, divisible to a minimum of 1,000 square feet, with a maximum contiguous space of 1,800 square feet. The property, built in 2006 and zoned HCD, features a strong anchor tenant lineup including Publix, Target, PetSmart, and T.J. Maxx, ensuring high foot traffic and visibility. The center also includes inline shop space and a highway-fronting pad site for additional retail opportunities. This dominant retail center is strategically located within the primary trade area for the Pace/Milton communities, providing excellent access to a substantial customer base. The Santa Rosa County property (APN: 14-1N-29-0000-00202-0000) presents a unique chance to establish or expand a retail presence in a thriving market. The property offers a significant opportunity for businesses seeking high-traffic locations within a well-established retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.