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Stone Brook Plaza 5624-5646 Woodbine Rd 25,700 SF 100% Leased Retail Building Pace, FL 32571 $7,252,160 CAD ($282.19 CAD/SF) 6.03% Cap Rate



Investment Highlights
- Strategically positioned adjacent to a Publix-anchored shopping center
- Situated on an oversized parcel offering future optionality
- Average household incomes exceed $97,000 within a five-mile radius
- All tenants operate under triple-net lease structures
- Located in a rapidly growing suburban community within the Pensacola MSA
- Acquisition basis is below replacement cost
Executive Summary
Stone Brook Plaza is a 100% occupied, ±20,500 SF neighborhood shopping center in Pace, FL, offering a value-add investment opportunity with below-market rents and near-term lease roll-over for mark-to-market upside.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
25,700 SF
Building Class
C
Year Built
2002
Price
$7,252,160 CAD
Price Per SF
$282.19 CAD
Cap Rate
6.03%
NOI
$437,481 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
4.34 AC
Zoning
HCD
Parking
75 Spaces (3.66 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Restaurant
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-2N-29-0000-00601-0000 | Improvements Assessment | $2,117,795 CAD |
| Land Assessment | $1,685,405 CAD | Total Assessment | $3,803,200 CAD |
Property Taxes
Parcel Number
32-2N-29-0000-00601-0000
Land Assessment
$1,685,405 CAD
Improvements Assessment
$2,117,795 CAD
Total Assessment
$3,803,200 CAD
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Stone Brook Plaza | 5624-5646 Woodbine Rd
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