17300 State Road 50 - Medical FOR SALE
Clermont, FL 34711 |
$2,530,782 USD
512-537-2455
17300 State Road 50
Clermont, FL 34711
HIGHLIGHTS
- Ideally Positioned at a Signalized Hard-Corner Intersection
- Excellent Traffic Counts With Over 62,000 Vehicles Per Day Directly in Front of the Property
- Strong Population Growth in the Immediate Trade Area at 3.8% Annually - More Than 10 Times the National Average
- Attractive Low Rental Rate Relative to the Local Market, Representing Strong Upside Potential at Lease Expiration
- Attractive Fee Simple Ownership, Allowing an Investor to Depreciate the Property For Additional Tax Benefits
- Popular New Development Area Evidenced By the Amount of Construction Within a Small Radius of the Subject Property
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,000 SF Pacific Dental Located at 17300 FL-50 in Clermont, FL. This Deal Includes an Attractive Low Rental Rate Relative to the Local Market, Representing Strong Upside Potential at Lease Expiration, Providing For a Secured Investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
FOR SALE DETAILS
PRICE
$2,530,782 USD
PRICE/SF
$633 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pacific Dental - Clermont, FL
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.64 AC
LAND SF
27,878 SF
ZONING
PUD
APN/PARCEL ID
25-22-26-0002-000-03500
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512-537-2455
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512-537-2455
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