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5012 US Highway 90
Pace, FL 32571
Heartland Dental: Pensacola, FL · Retail Property For Sale
PROPERTY FACTS
ABOUT 5012 US HIGHWAY 90 , PACE, FL 32571
CBRE’s Net Lease Property Group is pleased to present the opportunity to acquire a 4,250-square-foot freestanding Heartland Dental situated on 0.70 acres in Pensacola, Florida (Population: 55,015). Pensacola, Florida, the westernmost city in the Florida Panhandle, is the seat of Escambia County and the principal city of the Pensacola-Ferry Pass-Brent MSA (Population: 487,784). Heartland Dental’s 10-year net lease will commence in November 2018 upon completion of construction. The lease features 10% rent increases every 5 years throughout the initial term and in each of the three 5-year renewal options. The site is ideally situated with excellent access and visibility along US Highway 90 (Traffic Count: 31,500 VPD), the area’s preeminent east-west thoroughfare. The property is adjacent to McDonald’s and just east of several shopping centers which are anchored by Walmart Supercenter, Target, Home Depot, Publix, PetSmart, TJ Maxx and Winn Dixie.
PROPERTY TAXES
| Parcel Number | 12-1N-29-0000-00245-0000 | Improvements Assessment | $1,516,322 |
| Land Assessment | $532,450 | Total Assessment | $2,048,772 |
PROPERTY TAXES
