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16526-16530 State Road 50
Clermont, FL 34711
POPEYE’S SHOPPING CENTER– CLERMONT, FL · Retail Property For Sale
Investment Highlights
- Popeyes (20-Year NNN Lease) – National QSR chain with a strong credit profile; early in their lease term (Year 1 of 20), ensuring long-term stability.
- T-Mobile – A Fortune 100 company and one of the largest wireless carriers in the U.S., providing corporate-backed tenancy.
- Positioned directly on State Road 50 (59,473 CPD), a dominant east-west arterial, the center boasts outstanding visibility and access.
- Jeff’s Bagel Run (10 Years Remaining) – A fast-growing Florida-based concept with a cult following and strategic expansion plans
- All tenants are on long-term leases with structured rental escalations, offering built-in NOI growth and inflation protection.
- Surrounded by a powerful mix of national anchors including Costco, Target, Walmart, Kohl’s, BJ’s Wholesale, Lowe’s, Home Depot, and many more.
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
5,286 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Price
$5,625,399 CAD
Price Per SF
$1,064.21 CAD
Cap Rate
5.50%
NOI
$309,431 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.98 AC
Zoning
C
Frontage
144’ on State Road 50
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 26-22-26-0001-000-02500 | Improvements Assessment | $1,191,846 CAD |
| Land Assessment | $1,484,019 CAD | Total Assessment | $2,675,864 CAD |
Property Taxes
Parcel Number
26-22-26-0001-000-02500
Land Assessment
$1,484,019 CAD
Improvements Assessment
$1,191,846 CAD
Total Assessment
$2,675,864 CAD
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