Photo 1
Photo 2
Space AvailabilityTotal: 1
Unit NameFloorUnit NoSizeTermLease RateCondition

Highlights

•Prime frontage on U.S. Highway 90 with full access and visibility to over 37,500 vehicles per day •Located within a strong retail corridor featuring national tenants such as Publix, Target, Walmart, Chick-fil-A, Starbucks, and Lowe’s •Flexible 1.02-acre parcel suitable for redevelopment or re-tenanting •Vacant/dark investment sale: Advance Auto Parts has vacated but continues paying rent under a recently extended lease, providing strong cash flow with upside potential •NNN lease structure with approximately 5 years remaining, zero landlord responsibilities, and over $600,000 in rent still due •Corporate guarantee by Advance Stores Company, Inc. (NYSE: AAP), a public company with nearly $9B market cap and investment-grade credit (S&P: BBB-) •Part of the high-growth Pace/Milton trade area, driven by residential growth and retail expansion •Dense nearby rooftops and rising household incomes create ideal demographics for retail or medical repositioning •Low retail vacancy and limited inventory support long-term demand

Description

Stirling Properties is pleased to present this strategically located retail building along one of the busiest corridors on U.S. Highway 90 in Pace, Florida. The 6,777 SF commercial property sits on a 1.02-acre parcel and offers exceptional visibility for a variety of retail users. Positioned on a high-traffic commercial stretch, the site benefits from strong daily traffic counts and close proximity to both national and regional retailers. With multiple access points, ample parking, and a flexible layout, the property is ideal for owner-users or tenants looking to capitalize on one of Northwest Florida’s fastest-growing retail corridors. The surrounding market continues to expand with new retail developments, including Starbucks, Buffalo Wild Wings, McDonald’s, and Jim ‘N Nick’s BBQ, further enhancing the area’s draw. Residential growth in nearby communities like Lakes of Woodbine and Sentinel Ridge is driving long-term demand for goods and services, creating a robust and thriving market.

Lease Details

  • Category

    convenience-store

  • Tenancy

    Multiple

  • Space Name

    Highway 90 Retail For Lease

  • Lease Type

    Triple Net (NNN)

  • Lease Model

    Direct

  • Lease Rate Type

    Yearly

  • Total Lease Rate

    $20/SF/YR

  • Vacant Area

    7,305 SF

  • Lot Size

    1.02 AC

  • No of Buildings

    1

  • No of Stories

    1

  • Space Location

    4537 US-90, Pace, FL 32571

Property Details

  • Total Building Space

    7,305 SF

  • No of Spaces/Suites

    1

  • Year Built

    2005

  • Zoning

    HCD