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5624-5646 Woodbine Rd
Pace, FL 32571

$5,240,000 USD

General Retail For Sale  •  25,700 SF

Property Details

  • Property Type General Retail
  • Total Building Size 25,700 SF
  • Lot Size 4.34 AC
  • Building Class C
  • Year Built 2002
  • Tenancy Multiple
  • Zoning HCD
40 Walk Score

Highlights

(Value-Add) Majority of Leases Turning Within the Next Year: The property features an exceptionally short weighted average lease term (WALT)
Below-Market In-Place Rents with Mark-to-Market Upside: In-place rents average approximately $15 PSF
Publix-Adjacent Location with Built-In Traffic Drivers: Stone Brook Plaza is strategically positioned adjacent to a Publix-anchored shopping center
All NNN Leases: All of the tenants operate under triple-net (NNN) lease structures, providing reimbursement of taxes, insurance, and CAM expenses
Oversized Parcel with Long-Term Flexibility: The property sits on an oversized parcel relative to its current footprint
Strong Suburban Demographics with Continued Growth: Pace is a rapidly growing suburban community within the Pensacola MSA

Public Transportation

AirportDriveWalkDistance
Pensacola International 27 min - 14.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services