Log In/Sign Up
4944 Highway 90
Pace, FL 32571
Brand New Take 5 Ground Lease with Value-Add · Retail Property For Sale
Investment Highlights
- New Take 5 10-year corporate ground lease with 10% rent increases every 5 years and per each option (four, 5-year options)
- Hard corner, signalized access directly across from Walmart, Home Depot, Lowe's, Target, Publix, Dick's, Michaels and more
- Within 1 mile, the AHHI is over $83,000 and the population is expected to increase 9% by 2025
- Sale includes a digital billboard ground lease with 11.5 years remaining on the lease
- Value-add opportunity to acquire former medical office building (3,855 SF) behind | Assemblage totals 1.37 acres
- 15 miles northeast of Downtown Pensacola (2M+ visitors annually)
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,421 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.45 AC
Zoning
HCD - Highway Commercial
Frontage
160’ on Hwy 90
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
Property Taxes
| Parcel Number | 11-1N-29-3100-00100-0010 | Improvements Assessment | $273,476 |
| Land Assessment | $408,240 | Total Assessment | $681,716 |
Property Taxes
Parcel Number
11-1N-29-3100-00100-0010
Land Assessment
$408,240
Improvements Assessment
$273,476
Total Assessment
$681,716
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
