| The asset is currently 89.9% occupied with one vacant ±2,600 SF suite, offering immediate upside through lease-up and rent optimization. |
| This structure allows for repositioning, tenant upgrades, and re-tenanting at current market rates rather than being locked into legacy leases. |
| In-place rents average approximately $13.30 PSF, while comparable neighborhood retail in the Pensacola–Pace market area supports higher asking rents. |
| Stone Brook Plaza is strategically positioned adjacent to a Publix-anchored shopping center, benefiting from consistent daily traffic. |
| The majority of tenants operate under triple-net (NNN) lease structures, providing reimbursement of taxes, insurance, and CAM expenses. |
| Pace is a rapidly growing suburban community within the Pensacola MSA, supported by residential expansion and commuter demand. |
Daniel Gonzalez
Matthews Real Estate Investment Services
