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Grocery-Anchored Shopping Plaza For Sale 3873 Commerce st 20,496 SF 100% Leased Retail Building Jay, FL 32565 $1,300,000 ($63.43/SF) 5.71% Cap Rate



Executive Summary
Scott's Plaza presents a rare opportunity to acquire a grocery-anchored neighborhood shopping center serving the City of Jay and the surrounding rural communities of northern Santa Rosa County, Florida. As one of the area's primary retail destinations, the property benefits from a long-established operating history, strong community presence, and strategic location in the commercial heart of Jay.
The property consists of approximately 20,496 square feet of retail and commercial space situated on 2.56 acres, featuring multiple buildings configured around a central parking field with frontage and access from both Alabama Street and Spring Street. The center is anchored by Greer's Market, a well-known regional grocery operator that serves as a daily-needs destination for residents throughout the trade area.
Scott's Plaza occupies a highly visible location within Jay's primary commercial corridor and serves a market with limited competing retail inventory. The center provides essential goods and services that generate recurring customer traffic and support long-term tenancy demand. The property's location, established customer base, and neighborhood-serving tenant mix create a durable retail asset positioned to continue serving the community for years to come.
The property consists of approximately 20,496 square feet of retail and commercial space situated on 2.56 acres, featuring multiple buildings configured around a central parking field with frontage and access from both Alabama Street and Spring Street. The center is anchored by Greer's Market, a well-known regional grocery operator that serves as a daily-needs destination for residents throughout the trade area.
Scott's Plaza occupies a highly visible location within Jay's primary commercial corridor and serves a market with limited competing retail inventory. The center provides essential goods and services that generate recurring customer traffic and support long-term tenancy demand. The property's location, established customer base, and neighborhood-serving tenant mix create a durable retail asset positioned to continue serving the community for years to come.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
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| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
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| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
20,496 SF
Year Built/Renovated
1967/1972
Price
$1,300,000
Price Per SF
$63.43
Cap Rate
5.71%
NOI
$74,230
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
CV-2 - Community Village
Amenities
- Signage
- Tenant Controlled HVAC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Greers
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Greers | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
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Contact the Sale Advisor
Grocery-Anchored Shopping Plaza For Sale | 3873 Commerce st
