1810 E Highway 50 - Fast Food FOR SALE


Clermont, FL 34711- Minneola
$1,670,000 USD
404-504-7900
1810 E Highway 50, Clermont, FL for Sale
$1,670,000 USD
Fast Food - FOR SALE
1/4
null | 4.66% Cap Rate

1810 E Highway 50
Clermont, FL 34711
Minneola


HIGHLIGHTS

  • Absolute NNN Ground Lease with Renewal Options
  • Long-Term Operating History | Recent Renovations
  • Future Upside Potential
  • Top Visited Location
  • Excellent Access & Visibility | Frontage Along East Highway 50
  • Orlando-Kissimmee-Sanford, FL MSA Advantage (MSA Population: 2.83M+)

OVERVIEW

CBRE is pleased to offer for sale the 2,808-square-foot Taco Bell positioned on 1.08 acres in Clermont, Florida -- part of the Orlando-Kissimmee-Sanford, FL MSA (MSA Population: 2.83M+). Originally set to expire in 2018, Taco Bell exercised two of four 5-year renewal options. The absolute NNN ground lease now has ±3.3 years of term remaining with 10% rent increases in the two remaining renewal options.

FOR SALE DETAILS

PRICE

$1,670,000 USD

PRICE/SF

$595 USD /SF

CAP RATE

4.66%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell: Clermont, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

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