4475 Woodbine Road, Pace, FL
Shopping Center for Sale - $1,065,500 - 16,017 Sq. Ft. on 49299.44 acres
Property Info
CIMLS# | 801440 |
Location 4475 Woodbine Road Pace FL 32571 | |
Updated | November 6th, 2015 |
Type | Shopping Center |
Price | $1,065,500 |
Building | 16,017 Sq. Ft. |
Land | 49299.44 acres |
Property Description
High Visibility Retail Center is 16,017 SF and is 85% Occupied. The tenancy consists of 2 retail users: Hungry Howies Pizza and Village Groomers (local-long term tenant). The property has one space available for lease that is 2,369 SF End Cap (Flex Space) and is being offered at $9.00/SF + NNN, giving this investment additional upside potential. The property sits on 1.509 acres and enjoys great visibility from the road with good storefront appeal. The retail plaza fronts three roads with three points of ingress/egress, including a left turn-in lane from Woodbine Road. The center has 49 Parking spaces and each retailer has their own building signage.
Location Description:
This property is located 3/4 of a mile north of the intersection of Woodbine Road and Highway 90 in Pace, FL. It is positioned just south of the Cornerstone Office Park and across the street from Woodbine Plaza. Woodbine Road has a traffic count of 14,600 AADT.
Highlights:
>> Cap Rate: 9.75%
>> 16,017 SF Retail Center
>> 85% Occupied
>> Upside Investment Potential
>> High Income Area
>> Great Visibility
>> 14,600 Cars Per Day
>> 49 Parking Spaces
>> Good Ingres/Egress
>> End-Cap Available
>> Storefront Signage
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Financials
Sales Info:
>> Commision split: 3.0%