2605 S US Highway 27 - Retail FOR SALE


Clermont, FL 34711- Johns Lake
$2,373,050 USD
407-872-0177
2605 S US Highway 27, Clermont, FL for Sale
$2,373,050 USD
Retail - FOR SALE
1/3
null | 6% Cap Rate

2605 S US Highway 27
Clermont, FL 34711
Johns Lake


HIGHLIGHTS

  • New Construction built in 2024 by Schmid Construction, voted “Best Builder/Contractor” for South Lake County
  • High Average Income of $120,547 within 1 mile radius of property
  • Rapidly Growing Submarket with a projected annual growth rate 2.72% through 2028 within five miles of the Property
  • Clermont voted “Best City to Live in Central FL” by Orlando Business Journal Readers Choice for 2017
  • Largest City in Lake County at a population of over 44,800 within the 19 square miles of city limits
  • 2nd Best State for Business in the United States by Chief Executive Magazine (2021)

OVERVIEW

First Capital Property Group is pleased to present 2605 South Hwy 27 Clermont FL 34711; a premier, 100% occupied retail property located within the vibrant Cross Ridge Exchange development. This asset is anchored by Brooklyn Water Bagel, a nationally recognized fast-causal bagel and café franchisor known for its proprietary water filtration process, authentic New York-style bagels, and strong brand loyalty with all-day breakfast appeal. The neighboring tenant is Superiority Barbershop, a hair-style destination with a loyal customer base, having another location in South Miami Heights Florida. Both Brooklyn Water Bagel’s and Superiority Barbershop’s long-term leases at this location reflect their strategic commitment to the growing Clermont market, offering investors stable, creditworthy income from a two-tenant, net-leased facility. Positioned within the 17-building Cross Ridge Exchange, this property benefits from over 500 feet of direct frontage and excellent visibility from both US Highway 27 and Cross Ridge Road. With over 46,500 AADT, the location is ideally situated to attract strong and consistent traffic. Strategically located between Walmart Supercenter and BJ’s Wholesale Club, and less than one mile from Clermont’s primary retail corridor, the property enjoys proximity to major national retailers and is just south of Clermont Landing, a 340,000 SF retail power center.

FOR SALE DETAILS

PRICE

$2,373,050 USD

PRICE/SF

$795 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Occupied Investment

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

524

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

PUD

APN/PARCEL ID

32-22-26-2500-000-00700

ASK ABOUT THIS PROPERTY

Trey GravensteinFirst Capital Property GroupMore Info
407-872-0177

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Trey GravensteinFirst Capital Property GroupMore Info
407-872-0177

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