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3605 Highway 90 3,445 SF Retail Building Pace, FL 32571 $800,000 ($232.22/SF)

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Investment Highlights

Full Median Cut
35,000 AADT

Freestanding Restaurant

Executive Summary

Freestanding Restaurant in Pace, FL Available for Sale. Located just past the intersection of US Hwy 90 and Woodbine Rd, this location is the first restaurant on the east bound side of the Hwy as you enter into Pace. AADT of 35,000 with 150 Ft of Hwy Rd Frontage along with a Full Median Cut on US Hwy 90. 5 Mile Demographics include a Total Population of 49,065 and Average House Hold Income of $106,257.

3605 Hwy 90_Sale Brochure

Property Facts

Sale Type

Owner User

Sale Condition

High Vacancy Property

Property Type

Retail

Property Subtype

Restaurant

Building Size

3,445 SF

Building Class

Year Built

1987

Price

$800,000

Price Per SF

$232.22

Tenancy

Single

Building Height

1 Story

Building FAR

0.09

Lot Size

0.86 AC

Zoning

HCD - Heavy Commercial District

Parking

48 Spaces (14.28 Spaces per 1,000 SF Leased)

Frontage

150’ on Highway 90

Corner Lot
Dedicated Turn Lane

Pylon Sign
Restaurant

Signage
Air Conditioning

Balcony

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
3,445 SF
Restaurant
Outparcel
Now

Pace, FL has seen the highest development in Santa Rosa County according to its Planning and Zoning Statistics & Charts. Pace, FL topped the County, ranking number one over a 24 year span for Commercial Permits. This growth has been attributed to Pace's "A" ranked school system and market demographics. 5 Mile demographics include Santa Rosa County and Escambia County with Pensacola 3 miles west and The University of West Florida 4 miles to this site, along with access to I-10 only 7 miles and Avalon Blvd 6 miles.