727-902-1863
, Clermont, FL for Sale
Industrial - FOR SALE
1/7
null | Request Cap Rate

Perimeter Park West - Phase III
Clermont, FL
Johns Lake


HIGHLIGHTS

  • Shovel-Ready Class A Industrial Development in a High-Growth Corridor
  • Market-Driven Site Plan Designed to Capture Robust Tenant Demand
  • Superior Product in an Obsolete Inventory Environment
  • Strategic Location with Superior Connectivity

OVERVIEW

JLL has been exclusively retained to market for sale the fee simple interest in Perimeter Park West III, a ±12-acre, shovel-ready industrial site in the high-growth Lake County submarket of Orlando, FL. The site offers premier connectivity—just 5 minutes from Florida's Turnpike and 12 minutes from SR-429—with unparalleled regional access. Located within established Perimeter Park, Phase I and II are 96% leased, demonstrating strong tenant demand in Lake County's only new-construction light industrial development. Perimeter Park West III allows development of three shallow-bay facilities totaling ±165,054 square feet with 24'-28' clear heights, 45 dock-high doors, and flexible configurations from 11,000 SF – 18,000 SF. This meets strong market demand, with 82% of deals last year below 20,000 SF. The offering represents an outstanding opportunity in one of the nation's most dynamic industrial markets. Investors can capitalize on projected rental growth of 28% over the next 5 years and surging institutional demand for shallow bay product in a submarket with nearly 500K SF of positive net absorption last year.

ASK ABOUT THIS PROPERTY

727-902-1863

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

727-902-1863

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