US HWY 27 @ Corner Center Dr - Auto Repair FOR SALE


Clermont, FL 34714- Four Corners
$4,112,000 USD
415-852-5177
US HWY 27 @ Corner Center Dr, Clermont, FL for Sale
$4,112,000 USD
Auto Repair - FOR SALE
1/7
null | 4.5% Cap Rate

US HWY 27 @ Corner Center Dr
Clermont, FL 34714
Four Corners


HIGHLIGHTS

  • Tenant is responsible for all taxes, insurance, and maintenance, including the roof, structure, and parking lot
  • 20-year primary lease term with multiple renewal options, ensuring long-term stability
  • 10% rental increases every five years, enhancing investor returns
  • Lease backed by Halle Properties, LLC, affiliated with Discount Tire, a market leader in tire and automotive services

OVERVIEW

Situated at SWC of US Hwy 27 & Corner Center Dr, Clermont, FL, in a high-visibility, high-traffic retail corridor. Built in 2024, the 7,020 SF facility is designed for high customer throughput and operational efficiency. Tenant assumes full responsibility for taxes, insurance, and all maintenance, creating a passive income opportunity for investors. 10% rental increases every five years, ensuring steady NOI growth throughout the lease term. Population within 3 miles has grown 125.7% since 2010 and is projected to continue strong growth. Adjacent to Walmart, Lowe’s, Chick-fil-A, Starbucks, Chipotle, and other national tenants, enhancing consumer traffic.

FOR SALE DETAILS

PRICE

$4,112,000 USD

PRICE/SF

$586 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Discount Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

CROSS STREETS

Corner Center Dr

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

C1

APN/PARCEL ID

35-24-26-0004-000-04500

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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