16526-16530 State Road 50 - Storefront FOR SALE


Clermont, FL 34711
$4,107,000 USD
214-643-6097
16526-16530 State Road 50, Clermont, FL for Sale
$4,107,000 USD
Storefront - FOR SALE
1/4
null | 5.5% Cap Rate

16526-16530 State Road 50
Clermont, FL 34711


HIGHLIGHTS

  • Popeyes (20-Year NNN Lease) – National QSR chain with a strong credit profile; early in their lease term (Year 1 of 20), ensuring long-term stability.
  • Jeff’s Bagel Run (10 Years Remaining) – A fast-growing Florida-based concept with a cult following and strategic expansion plans
  • T-Mobile – A Fortune 100 company and one of the largest wireless carriers in the U.S., providing corporate-backed tenancy.
  • All tenants are on long-term leases with structured rental escalations, offering built-in NOI growth and inflation protection
  • Positioned directly on State Road 50 (59,473 CPD), a dominant east-west arterial, the center boasts outstanding visibility
  • Surrounded by a powerful mix of national anchors including Costco, Target, Walmart, Kohl’s, BJ’s Wholesale, Lowe’s, Home Depot, and many more

OVERVIEW

The Popeye’s Retail Center presents a rare opportunity to acquire a stabilized, 100% leased, multi-tenant retail asset located in one of Central Florida’s most dynamic retail corridors. Anchored by national and regional tenants with long-term, escalated leases, this property offers a durable income stream, excellent tenant synergy, and strong underlying real estate fundamentals. With stable in-place income, strong lease terms, and national tenancy, this asset is ideal for investors seeking defensive positioning with upside via escalations and continued market growth. Minimal landlord responsibilities make it well-suited for both institutional buyers and private investors. Broker of Record Brian Brockman - Bang Realty-Naples, Inc LIC # BK3327646 In Association with Designated Broker: BRIAN BROCKMAN Broker of Record Bang Realty-Naples, Inc. LIC # BK3327646

FOR SALE DETAILS

PRICE

$4,107,000 USD

PRICE/SF

$513 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

POPEYE’S SHOPPING CENTER– CLERMONT, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

C

APN/PARCEL ID

26-22-26-0001-000-02500

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.