Hancock Bank/Jimmy John’s – Pace, FL

Location of Project:
4612 Highway 90, Pace, Florida

Property Type: Multi-Tenant Retail
Property Size: 3,900 SF
Land Size: 2.23 Acres
Investor Status: In Progress

Granger Development purchased this property in February 2017. The property had been previously occupied by Regions Bank and was 100% vacant at the time of the acquisition. Following the acquisition, Granger Development secured two long-term leases with Hancock Bank and Jimmy John’s to divide and subsequently occupy the existing building. A top-tobottom renovation was completed to both the interior and exterior of the building in addition to a total makeover of the parking lot, access points, and landscaping. Granger Development continues to hold this asset and it is currently 100% occupied.