16526-16530 State Road 50 - Storefront FOR SALE


Clermont, FL 34711
$4,518,000 USD
214-643-6097
16526-16530 State Road 50, Clermont, FL for Sale
$4,518,000 USD
Storefront - FOR SALE
1/5
null | 4.59% Cap Rate

16526-16530 State Road 50
Clermont, FL 34711


HIGHLIGHTS

  • STRONG TENANCY | ABSOLUTE NNN LEASES
  • 100% occupied by Popeyes, Jeff’s Bagel Run & T-Mobile
  • Popeyes is on a new 20 year Absolute Net Lease NNN
  • Jeff’s Bagels is on a new 10 year lease
  • TRAFFIC COUNTS: Located in dominant retail corridor (across the street from Publix Super Market) with great visibility/access
  • FLORIDA IS AN “INCOME TAX-FREE” STATE

OVERVIEW

(Building & Land) Fee Simple In Association with Designated Broker: BRIAN BROCKMAN Broker of Record Bang Realty-Naples, Inc. LIC # BK3327646

FOR SALE DETAILS

PRICE

$4,518,000 USD

PRICE/SF

$565 USD /SF

CAP RATE

4.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

POPEYE’S SHOPPING CENTER– CLERMONT, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

C

APN/PARCEL ID

26-22-26-0001-000-02500

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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