1275 E Highway 50 - Restaurant FOR SALE


Clermont, FL 34711
$4,500,000 USD
954-302-7365
1275 E Highway 50, Clermont, FL for Sale
$4,500,000 USD
Restaurant - FOR SALE
1/11
null | 5% Cap Rate

1275 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
  • Part of the new Clermont West retail development that features Portillo’s, Mission BBQ, and Bonefish
  • Clermont West 2 will feature The Goddard School, Extra Space Storage, Extended Stay Hotels, and more

OVERVIEW

Part of Clermont West Development | Fronting State Highway 50 (66,000 VPD) | High Growth Submarket

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$789 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Longhorn Steakhouse - Clermont FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,401 SF

ZONING

-

APN/PARCEL ID

09-22-26-1305-022-00004

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.