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This Retail Property is no longer advertised on LoopNet.com.

2050 E Highway 50 Way
Clermont, FL 34711

Investment (Applebee's) · Retail Property For Sale

Investment Highlights

  • Existing Applebee's Lease ends September 30, 2031 (Original Lease term 15 years)..... (6) 5 year options to extend
  • 1.00% Annual rent escalations
  • Current Annual Rent (to be verified) $12,508.25/Month + sales tax + NNN
  • Single Tenant - Absolute NNN
  • Building was Built in 2016
  • 5.5% CAP RATE

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,784 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.76 AC
Zoning
Restaurant - Restaurant Tenant Occupied
Parking
102 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
154 FT on Highway 50
  • Listing ID: 28565921

  • Date on Market: 5/24/2023

  • Last Updated:

  • Address: 2050 E Highway 50 Way, Clermont, FL 34711

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