16526-16530 State Road 50 - Storefront FOR SALE
Clermont, FL 34711 |
16526-16530 State Road 50
Clermont, FL 34711
HIGHLIGHTS
- STRONG TENANCY | ABSOLUTE NNN LEASES: 100% occupied by Popeyes, Jeff’s Bagel Run & T-Mobile - 5-year leases with attractive rental escalations
- Located in dominant retail corridor (across the street from Publix Super Market) with great visibility/access on SR-50
- Traffic counts of 59,473 CPD!
- FLORIDA IS AN “INCOME TAX-FREE” STATE
- 2024 VERY AFFLUENT 2024 DEMOGRAPHICS: Population: 103,269 & Average Household Income: $145,915
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
CLERMONT RETAIL – CLERMONT, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
5286
STORIES
1
YEAR BUILT
2017
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
26-22-26-0001-000-02500
