Mission BBQ - Clermont FL (Orlando MSA) | 1225 50 hwy
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Mission BBQ - Clermont FL (Orlando MSA) 1225 50 hwy
4,618 SF 4-Star Retail Building Clermont, FL 34711 $3,000,000 ($650/SF) 5% Cap Rate
Investment 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, LongHorn Steakhouse, and Bonefish
- Just North of Clermont Landing, a 227,000+ SF community shopping center that ranks in the top 88% (832 out of 7,255) of all nationwide community shopp
Executive Summary
PART OF CLERMONT WEST DEVELOPMENT | FRONTING STATE HIGHWAY 50 (66,000 VPD) | HIGH GROWTH SUBMARKET
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
4,618 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$3,000,000
Price Per SF
$650
Cap Rate
5%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.22 AC
Zoning
C - Commercial
Parking
74 Spaces (16.02 Spaces per 1,000 SF Leased)
Frontage
179 FT on East Highway 50
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09-22-26-1305-022-00002 | Improvements Assessment | $0 |
| Land Assessment | $1,050,898 | Total Assessment | $1,050,898 |
PROPERTY TAXES
Parcel Number
09-22-26-1305-022-00002
Land Assessment
$1,050,898
Improvements Assessment
$0
Total Assessment
$1,050,898
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Mission BBQ - Clermont FL (Orlando MSA) | 1225 50 hwy
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