16526-16530 State Road 50 - Fast Food FOR SALE


Clermont, FL 34711- Johns Lake
$4,726,000 USD
480-718-5555
16526-16530 State Road 50, Clermont, FL for Sale
$4,726,000 USD
Fast Food - FOR SALE
1/4
null | 5.5% Cap Rate

16526-16530 State Road 50
Clermont, FL 34711
Johns Lake


HIGHLIGHTS

  • STRONG TENANCY | ABSOLUTE NNN LEASES: 100% occupied
  • Popeyes (new 20-year lease) with 26 locations, Jeff’s Bagel Run (new 10-year lease) with 32 locations & Green Thumb (new 10- year lease)
  • 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!
  • 2026 VERY AFFLUENT 2024 DEMOGRAPHICS: Population: 104,441 & Average Household Income: $169,648
  • FLORIDA IS AN “INCOME TAX-FREE” STATE

OVERVIEW

(Building & Land) Fee Simple

FOR SALE DETAILS

PRICE

$4,726,000 USD

PRICE/SF

$894 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

Fast Food

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
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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