1251 E Highway 50 - Freestanding FOR SALE


Clermont, FL 34711
$6,900,000 USD
954-302-7365
1251 E Highway 50, Clermont, FL for Sale
$6,900,000 USD
Freestanding - FOR SALE
1/10
null | 5% Cap Rate

1251 E Highway 50
Clermont, FL 34711


HIGHLIGHTS

  • The asset is fronting State Highway 50 (66,000 VPD), a main retail thoroughfare serving the city of Clermont
  • Just North of Clermont Landing, a 227,000+ SF community shopping center that ranks in the top 88% (832 out of 7,255) of all nationwide community shopp
  • Part of the new Clermont West retail development that features Mission BBQ, LongHorn Steakhouse, and Bonefish

OVERVIEW

$9.1M AVERAGE UNIT VOLUME | FRONTING STATE HIGHWAY 50 (66,000 VPD) | HIGH GROWTH SUBMARKET

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$873 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Portillo's - Clermont FL (Orlando MSA)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.98 AC

LAND SF

129,809 SF

ZONING

-

APN/PARCEL ID

09-22-26-1305-022-00000

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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