Investment Property - Pace, Florida
4843 W. Spencer Field Road, Pace, Florida 32571
$4,250,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
26,250 sqft
Land Size
3.84 acres
Sewer
Pace Water
Water
Pace Water
Zoning
HCD Commercial
Electric
FPL
Year Built
2004
Roof
Metal
Parking
Shared
Construction
Steel
Property Description
Investment Summary: Retail Center - Pace, Florida
Property Highlights:
- NNN Lease structure with 11 tenants
- High visibility location with tremendous growth
- Excellent access to US 90, Berryhill Road, and Chumuckla Highway
- Recent upgrades: 90% HVAC units replaced, parking lot paved and striped
- Landscaping improvements: flower beds upgraded, obstructive trees removed
Location Advantages:
- Situated in a rapidly growing area of Pace, Florida
- High traffic corridor with strong residential and commercial expansion
- Easy access to major roads and county regions
Financial Summary:
- Net Operating Income (NOI): $326,000 annually
- Stable cash flow from long-term tenants
Contact:
Call listing broker to sign NDA and receive full financials for the plaza.