Nettlewood Plaza

● Attractive Cap Rate — The asset is fully stabilized and 100% occupied, delivering a 7.00% Year 1 Cap Rate with no lease-up risk

● New Roof with Warranty in Place: The roof was replaced in late 2024 and is still under warranty.

● Below Replacement Cost — The purchase price sits below current construction costs, giving a buyer an income-producing asset for less than it would cost to build today.

● Premier Hwy 90 Frontage — The center has strong visibility along Hwy 90 (+37,532 VPD), one of the busiest corridors in Santa Rosa County.

● Adjacent Development Upside — A +0.3 AC parcel of developable land is included in the sale, giving a buyer optionality for future outparcel or expansion use.

● Drive-Thru Capability: Socio’s offers drive-thru service, giving the tenant a convenient, high-throughput format that supports consistent sales and strengthens the long-term viability of the space for future restaurant or QSR users.

● Staggered Lease Expirations — A 3.1-year WALT with staggered rollover limits near-term exposure to multiple lease expirations at once.

● Thriving Pensacola MSA — The Pensacola MSA’s population continues to expand, with Pace serving as one of its fastest-growing residential nodes.

● Strong Household Incomes — Average household income within 5 miles is $97,723, above regional norms and supportive of consumer spending.