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POPEYE’S SHOPPING CENTER– CLERMONT, FL 16526-16530 State Road 50 5,286 SF 100% Leased 4-Star Retail Building Clermont, FL 34711 $6,641,448 CAD ($1,256.42 CAD/SF) 5.50% Cap Rate
Investment Highlights
- STRONG TENANCY | ABSOLUTE NNN LEASES: 100% occupied
- Located in dominant retail corridor (across the street from Publix Super Market) with great visibility/access on SR-50
- 2026 VERY AFFLUENT 2024 DEMOGRAPHICS: Population: 104,441 & Average Household Income: $169,648
- Popeyes (new 20-year lease) with 26 locations, Jeff’s Bagel Run (new 10-year lease) with 32 locations & Green Thumb (new 10- year lease)
- Traffic counts of 59,473 CPD!
- FLORIDA IS AN “INCOME TAX-FREE” STATE
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,286 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Price
$6,641,448 CAD
Price Per SF
$1,256.42 CAD
Cap Rate
5.50%
NOI
$365,250 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
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Green Thumb Industries
- -
- 1,500 SF
- -
- Oct 2036
- Jeff's Bagels
- Accommodation and Food Services
- 1,291 SF
- -
- Apr 2034
- Popeyes
- Accommodation and Food Services
- 2,495 SF
- -
- Mar 2044
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Green Thumb Industries | - | 1,500 SF | - | Oct 2036 | ||
| Jeff's Bagels | Accommodation and Food Services | 1,291 SF | - | Apr 2034 | ||
| Popeyes | Accommodation and Food Services | 2,495 SF | - | Mar 2044 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1500 SF Space For Lease | Former T-Mobile
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500 SF | Retail | - | Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
1500 SF Space For Lease | Former T-Mobile
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-22-26-0001-000-02500 | Improvements Assessment | $1,201,076 CAD |
| Land Assessment | $1,495,512 CAD | Total Assessment | $2,696,588 CAD |
Property Taxes
Parcel Number
26-22-26-0001-000-02500
Land Assessment
$1,495,512 CAD
Improvements Assessment
$1,201,076 CAD
Total Assessment
$2,696,588 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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POPEYE’S SHOPPING CENTER– CLERMONT, FL | 16526-16530 State Road 50
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