1525 US Highway 27 - Service Station FOR SALE


Clermont, FL 34714- Four Corners
$3,867,000 USD
980-498-3293
1525 US Highway 27, Clermont, FL for Sale
$3,867,000 USD
Service Station - FOR SALE
1/4
null | 7.5% Cap Rate

1525 US Highway 27
Clermont, FL 34714
Four Corners


HIGHLIGHTS

  • AFFLUENT HIGH GROWTH CLERMONT, FL
  • HIGHLY VISIBLE SITE IN BUSY RETAIL NODE
  • FRONTING NEW RESIDENTIAL DEVELOPMENT

OVERVIEW

NEAR DISNEY WORLD - 7.4 miles to Walt Disney World Resort – the largest theme park in the world, spanning 27,520 acres - Disney World attracts over 58 million annual visitors, with more than 159,000 visitors per day - The high volume of visitors drives demand for nearby real estate, boosting property values and rental income potential - The steady influx of visitors supports long-term value appreciation in surrounding areas AFFLUENT HIGH GROWTH CLERMONT, FL - From 2000-2020, the population of Clermont, FL grew by 250% - The city has an annual growth rate of 4.1% which is 20 times more than the national average of 0.20% - With more than 70,000 people in a 5-mile radius and an average household income of $101K ATTRACTIVE LEASE FUNDAMENTALS - 20 Year Lease with 10% bumps every 5 years and in extension periods - Abs. NNN lease providing zero landlord responsibilities - Passive investment HIGHLY VISIBLE SITE IN BUSY RETAIL NODE - Fronting busy US-Hwy 27 (44.5K VPD) - Right turn lane into the site with truck access to diesel pumps via CR-474 - Multiple ingress/egress opportunities off US-27 - Over 661K SF of retail space within a 1-mile radius and More than 12,000 SF currently under construction - Average vacancy rate of just 0.2% in the one-mile radius of the subject site FRONTING NEW RESIDENTIAL DEVELOPMENT - Site is positioned in front of the Windsor Cay Resort - This vacation home community has over 700 total homes set to deliver in three phases - Within a 5-mile radius of the subject site there are more than 30k homes

FOR SALE DETAILS

PRICE

$3,867,000 USD

PRICE/SF

$1,091 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FreshStop Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,366 SF

ZONING

C-1

APN/PARCEL ID

26-24-26-0002-000-02700

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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