16909 High Grove Blvd - Restaurant FOR SALE


Clermont, FL 34714- Four Corners
$2,560,000 USD
904-955-1955
16909 High Grove Blvd, Clermont, FL for Sale
$2,560,000 USD
Restaurant - FOR SALE
1/15
null | 6.25% Cap Rate

16909 High Grove Blvd
Clermont, FL 34714
Four Corners


HIGHLIGHTS

  • Situated at the intersection of Highway 27 and US 192, a high-traffic area in the Four Corners region
  • 121 feet of frontage on US 27, which sees approximately 42,500 vehicles per day, ensuring excellent exposure for businesses
  • Close proximity to major tourist destinations, including Disney World and other Orlando-area attractions, making it an ideal spot for hospitality
  • The Four Corners area is experiencing rapid residential growth, with new housing developments bringing more potential customers

OVERVIEW

The property at 16909 High Grove Blvd in Clermont, Florida, is a multi-tenant retail strip center located within the Four Corners area, a region experiencing significant residential growth with numerous housing units planned nearby. The center has been renovated and features 121 feet of frontage on US Highway 27, which has an average daily traffic count of 42,500 vehicles.

FOR SALE DETAILS

PRICE

$2,560,000 USD

PRICE/SF

$531 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

PUD

APN/PARCEL ID

35-24-26-0800-00C-00000

ASK ABOUT THIS PROPERTY

Karen Hong, CCIM, CRRPForesight Commercial Real Estate LLCMore Info
904-955-1955

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Karen Hong, CCIM, CRRPForesight Commercial Real Estate LLCMore Info
904-955-1955

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