2640 SR 50 - Fast Food FOR SALE


Clermont, FL 34711- Minneola
$2,010,000 USD
404-504-7900
2640 SR 50, Clermont, FL for Sale
$2,010,000 USD
Fast Food - FOR SALE
1/1
null | 4.01% Cap Rate

2640 SR 50
Clermont, FL 34711
Minneola


HIGHLIGHTS

  • Absolute NNN Ground Lease with Renewal Options
  • Future Upside Potential
  • Opened in 2002, McDonald's boasts a long-term operating history of 23 years
  • Outparcel to Target-Anchored Shopping Center

OVERVIEW

CBRE is pleased to exclusively offer for sale the 3,478-square-foot McDonald's situated on 1.00 acres in Clermont, FL - a component of the Orlando-Kissimmee-Sanford MSA (Population: 2.83M). Originally set to expire in 2022, McDonald's exercised its first of four 5-year renewal options. The absolute NNN ground lease now features ±2.2 years of term remaining with 10% rent increases in the remaining three options.

FOR SALE DETAILS

PRICE

$2,010,000 USD

PRICE/SF

$578 USD /SF

CAP RATE

4.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's: Clermont, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

PUD

APN/PARCEL ID

22-22-26-0800-000-00400

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.