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Portillo's - Clermont FL (Orlando MSA) 1251 E Highway 50

7,900 SF Retail Building Clermont, FL 34711 $6,900,000 ($873/SF) 5% Cap Rate

Retail Buildings Florida Clermont 1251 E Highway 50, Clermont, FL 34711

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 Mission BBQ, 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

$9.1M AVERAGE UNIT VOLUME | FRONTING STATE HIGHWAY 50 (66,000 VPD) | HIGH GROWTH SUBMARKET

Attachments

Clermont FL - Portillo's

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,900 SF
Building Class
B
Year Built
2023
Price
$6,900,000
Price Per SF
$873
Cap Rate
5%
NOI
$345,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
2.98 AC
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Nearby Major Retailers

Mission BBQ
Miller's Ale House
Golden Corral
PDQ
Sonny"s Real Pit Bar B-Q
Cracker Barrel Old Country Store
Beef 'O' Brady's
Seacoast Bank
Fazoli's
Outback Steakhouse

PROPERTY TAXES

Parcel Number 09-22-26-1305-022-00000 Improvements Assessment $0
Land Assessment $0 Total Assessment $2,506

PROPERTY TAXES

Parcel Number
09-22-26-1305-022-00000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,506
(954) 302-7365

  • Listing ID: 32889930

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 1251 E Highway 50, Clermont, FL 34711

More public record information on 1251 E Highway 50, Clermont, FL 34711

The Retail Property at 1251 E Highway 50, Clermont, FL 34711 is currently available For Sale. Contact SRS Real Estate Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1251 E Highway 50, Clermont, FL for sale Building Photo- Image 1 of 11
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Portillo's - Clermont FL (Orlando MSA) | 1251 E Highway 50
(954) 302-7365 x

Portillo's - Clermont FL (Orlando MSA) | 1251 E Highway 50

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Patrick Nutt

(954) 302-7365

(954) 302-7365

William Wamble

(813) 371-1079

(813) 371-1079

Daniel Becker

(813) 586-1914

(813) 586-1914

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