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

7,900 SF Retail Building Clermont, FL 34711 £5,487,514 (£695/SF) 5% Net Initial Yield

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
£5,487,514
Price Per SF
£695
Net Initial Yield
5%
NOI
£274,376
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
2.98 AC
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NEARBY MAJOR RETAILERS

Mission BBQ
Portillo's
Outback Steakhouse
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
(954) 302-7365

CONTACTS

  • Listing ID: 32889930

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 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.

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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) 434-8278

(813) 434-8278

Daniel Becker

(813) 586-1914

(813) 586-1914

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