HIGHLIGHTS
- Opened in 2003, Regions Bank has a long-term operating history of 22 years.
- Originally set to expire in 2023, Regions Bank exercised its first of three 5-year renewal options.
- Outparcel to Target-Anchored Shopping Center.
- The branch boasts an impressive deposit base of $99.2M as of June 30, 2025.
- NNN ground lease now features ±2.7 years of term remaining with 3% annual increases and two remaining renewal options.
OVERVIEW
CBRE is pleased to exclusively offer for sale the 3,793-square-foot Regions Bank situated on 1.64 acres in Clermont, FL - a component of the Orlando-Kissimmee-Sanford MSA (Population: 2.83M). Originally set to expire in 2023, Regions Bank exercised its first of three 5-year renewal options. The absolute NNN ground lease now features ±2.7 years of term remaining with 3% annual increases and two remaining renewal options.
FOR SALE DETAILS
PRICE
$4,010,000 USD
PRICE/SF
$1,057 USD /SF
CAP RATE
5.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Regions Bank: Clermont, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
39
LAND DETAILS
LAND ACRES
1.64 AC
LAND SF
71,438 SF
ZONING
PUD
APN/PARCEL ID
22-22-26-0800-000-00300
ASK ABOUT THIS PROPERTY
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404-504-7900
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