510-289-1166
16775 State Route 50, Clermont, FL for Sale
Auto Dealership - FOR SALE
1/8
null | 5.75% Cap Rate

16775 State Route 50
Clermont, FL 34711


HIGHLIGHTS

  • Corporate Lease to Tesla, Inc. (NASDAQ: TSLA)
  • Rare 15 Year Long-Term Lease Structure with Scheduled Increases
  • Less than 20 Miles from Downtown Orlando
  • Large 9.8 Acre Lot on Highway 50 with Expanded Parking Area and Monument Sign

OVERVIEW

STRATEGIC LOCATION - STRONG INTRINSICS IN LINE WITH LONG-TERM TESLA STRATEGY The property is an ideal site for a Tesla Sales, Service, & Delivery Center in line with the company’s site selection criteria. The property benefits from a prominent “auto row” location in close proximity to other auto dealerships, which Tesla has found increases both traffic and sales to their locations. The property is ideally situated to serve the greater Orlando and Lake County markets with excellent access to major arterials. Florida remains one of the largest markets for electric cars in the U.S. This is one of only two Sales, Service and Delivery Centers serving the market specifically drawing from the west side of Orlando including prominent communities like Windermere and Winter Garden market presently. This property is listed in conjunction with Florida-licensed real estate broker Thomas Dixon | FL RE License #BK3167419 | (321) 594-6771 | tad@dixoncap.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesla Sales, Service & Delivery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

509

LAND DETAILS

LAND ACRES

9.84 AC

LAND SF

428,499 SF

ZONING

-

APN/PARCEL ID

09-22-26-1100-002-00000

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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