Log In/Sign Up
Your email has been sent.
16345 State Road 50 4,798 SF 100% Leased Office Building Clermont, FL 34711 $3,124,499 CAD ($651.21 CAD/SF) 6.29% Cap Rate
Investment Highlights
- Annual Average Daily Traffic (AADT) of 51,000 car trips per day
- Both existing tenant's have 90 day vacate clause in their agreement if buyer want to occupy
- Oversized lot allowing up to 4,500 SF additional building expansion providing future investment potential
Executive Summary
LOCATION
This property is located in East Clermont on the North side of State Road 50 at the intersection of County Road 455
There are over 20 national brands including the East Town Center Publix Plaza currently located at the same intersection as this property. With Annual Average Daily Traffic (AADT) of 51,000 car trips per day at the front door, this high energy location is unlike any other in the southeast Lake County market. The property is directly accessible via both eastbound and westbound turning lanes on SR 50 and a perimeter road connecting to CR 455 for instant client and customer access. This property is conveniently located near Florida Turnpike exit 272 for Clermont / Oakland / Winter Garden.
With easy access to Orlando, this property is in the heart of the newest and fastest growing East Clermont / West Orange business district.
This property is located in East Clermont on the North side of State Road 50 at the intersection of County Road 455
There are over 20 national brands including the East Town Center Publix Plaza currently located at the same intersection as this property. With Annual Average Daily Traffic (AADT) of 51,000 car trips per day at the front door, this high energy location is unlike any other in the southeast Lake County market. The property is directly accessible via both eastbound and westbound turning lanes on SR 50 and a perimeter road connecting to CR 455 for instant client and customer access. This property is conveniently located near Florida Turnpike exit 272 for Clermont / Oakland / Winter Garden.
With easy access to Orlando, this property is in the heart of the newest and fastest growing East Clermont / West Orange business district.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,798 SF
Building Class
B
Year Built
2006
Price
$3,124,499 CAD
Price Per SF
$651.21 CAD
Cap Rate
6.29%
NOI
$196,611 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,798 SF
Slab To Slab
11’6”
Building FAR
0.09
Lot Size
1.17 AC
Zoning
CP - C-2 General Commercial District
Parking
27 Spaces (5.63 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Allstate began in 1931 when Sears Roebuck created it to sell auto insurance by mail. The company became fully independent in 1995 after Sears divested its shares. Allstate offers multiple insurance products across personal and commercial lines. The company provides homeowners, auto, renters, and life insurance through various distribution channels. Allstate maintains a significant market presence in the United States insurance industry.
- Linx Legal
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Linx Legal | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 09-22-26-1105-011-00003 | Improvements Assessment | $535,751 CAD |
| Land Assessment | $710,924 CAD | Total Assessment | $1,246,675 CAD |
Property Taxes
Parcel Number
09-22-26-1105-011-00003
Land Assessment
$710,924 CAD
Improvements Assessment
$535,751 CAD
Total Assessment
$1,246,675 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Clermont Property Mgmt Inc
16345 State Road 50
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.